Amendment notification under Value Added Tax Act, 2005 (Dated – 10.11.2021) – Govt. of Andhra Pradesh

• 12th, November 2021
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1. Notification under the clause (46) of Section 10 of Income-tax Act, 1961 (dated -10.11.2021) – CBDT.

• Assam Building and Other Construction Workers Welfare Board’ (PAN AAAJA2255M), a Board constituted by the State Government of Assam, in respect of the following specified income arising to that Board, namely:-

1. Labour cess received;
2. Beneficiaries registration fees;
3. Members contribution;
4. Capital gain on sale/redemption of investments; and
5. Interest income earned on (a) to (b) above.

• This notification shall be effective subject to the conditions that Assam Building and Other Construction Workers Welfare Board, –
  1. Shall not engage in any commercial activity;
  2. Activities and the nature of the specified income shall remain unchanged throughout the financial years; and
  3. 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.