The Central Board of Direct Taxes (CBDT) has granted the income tax exemption to Swasthya Sathi Samiti under clause (46) of section 10 of the Income-tax Act, 1961.The Swasthya Sathi Samiti, Kolkata, is a body established by the Government of West Bengal. The assessee shall be eligible for income tax exemption in respect of the income arising to that Body, namely grant received from the...
The Central Board of Direct Taxes (CBDT) has granted the income tax exemption to Swasthya Sathi Samiti under clause (46) of section 10 of the Income-tax Act, 1961.
The Swasthya Sathi Samiti, Kolkata, is a body established by the Government of West Bengal. The assessee shall be eligible for income tax exemption in respect of the income arising to that Body, namely grant received from the Government of West Bengal; and interest income received from the bank.
The notification shall be effective subject to the various conditions.
Swasthya Sathi Samiti, Kolkata shall not engage in any commercial activity. The activities and the nature of the specified income shall remain unchanged throughout the financial years. Swasthya Sathi Samiti, Kolkata shall file a return of income in accordance with the provision of clause (g) of sub-section (4C) of section 139 of the Income-tax Act, 1961.
Notification No. 69/2023
Date: 23/08/2023
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