The Central Board of Direct Taxes (CBDT) on August 24, 2023, issued a notification for the purposes of the ‘Swasthya Sathi Samiti, Kolkata (PAN: AAQAS4322J) a Body established by the Government of West Bengal, in respect of the certain specified income arising to that Body.
The following are the specified income arising to the Commission namely: -
• Grant received from the Government of West Bengal
• Interest income received from the bank
This notification shall be effective subject to the conditions that Swasthya Sathi Samiti, Kolkata 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 2022-23 and 2023-24 relevant for the financial years 2021-2022 and shall apply with respect to Assessment Years 2023-2024 to 2026-2027relevant to the financial years 2022-2023 to 2025-2026 respectively
[Notification No. 3783(E)]
