MINISTRY OF FINANCE

                                               (Department of Revenue)
                                      (CENTRAL BOARD OF DIRECT TAXES)
                                                    NOTIFICATION
                                            New Delhi, the 9th October, 2019
         S.O. 3629(E).--In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961
(43 of 1961), the Central Government hereby notifies for the purposes of the said clause, `Kerala Bamboo, Kattuvalli and
Pandanus Leaf Workers' Welfare Fund Board' (PAN AAAJK1244Q), a Boardconstituted by the Government of Kerala,
in respect of the following specified income arising to that Board, namely:--






        (a)   Government grant received for Scheme and Non Scheme Pension;
        (b)   Contributions received from Employees and Employers;
        (c)   Registration Fees;
        (d)   Passbook charges collected;
        (e)   Cost of duplicate identity card issued;
        (f)   Fine collected; and
        (g)   Interest earned on (a) to (f) above.
2.      This notification shall be effective subject to the conditions that Kerala Bamboo, Kattuvalli and Pandanus Leaf
Workers' Welfare Fund Board,-
        (a)   shall not engage in any commercial activity;
        (b)   activities and the nature of the specified income shall remain unchanged throughout the financial years;
              and
        (c)   shall file return of income in accordance with the provision of clause (g) of sub-section (4C) of section
              139 of the Income-tax Act, 1961.






3.      This notification shall apply with respect to the assessment years 2020-2021, 2021-2022, 2022-2023, 2023-2024
and 2024-2025.
                                                                [Notification No. 78 /2019/F. No. 300196/46/2019-ITA-I]
                                                                                          PRAJNA PARAMITA, Director




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