The Central Board of Direct Taxes (CBDT) on August 24, 2023, issued a notification for the purposes of the ‘Unique Identification Authority of India’ (PAN AAAGU0182Q) a Statutory Authority constituted by the Government of India, in respect of the certain specified income arising to the said Authority.
The following are the specified income arising to the Commission namely: -
• Grants/Subsidies received from Central Government
• Fees/Subscriptions including RTI Fee, Tender Fee, Sale of Scrap, PVC card, etc
• Authentication, Enrolment and Updation service charges received
• Term/Fixed Deposits; and Interest earned on the aforementioned points
This notification shall be effective subject to the conditions that Unique Identification Authority of India namely: -
• Shall not engage in any commercial activity
• Activities and the nature of the specified income shall remain unchanged throughout the financial years
• Shall file the return of income in accordance with the provision of clause (g) of sub-section (4C) of section 139 of the Income-tax Act, 1961.
This notification shall be deemed to have been applied for assessment years 2019-20 and 2023-24 relevant for the financial years 2018-2019 and 2022-2023 respectively.
[Notification No. 3782(E)]
