MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 9th July, 2021
S.O. 2774(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, ‘Haryana Building and Other
Construction Workers Welfare Board’ (PAN AAATH6995H), a Board constituted by the State Government of
Haryana, in respect of the following specified income arising to that Board, namely: —
(a) Registration fees and yearly subscription collected from Construction Workers registered with the
Haryana Building and Other Construction Workers Welfare Board as beneficiaries;
(b) Proceeds of the cess collected under the Building & Other Construction Workers Welfare Cess Act,
1996 (28 of 1996) and rules there under; and
(c) Interest income received from investment.
2. This notification shall be effective subject to the conditions that Haryana Building and Other Construction
Workers Welfare 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.
[भाग II—खण्ड 3(ii)] भारत का रािपत्र : असाधारण 3
(d) shall file the Audit report along with the Return, duly verified by the accountant as provided in
explanation to section 288(2) of the Income-tax Act, 1961 along with a certificate from the chartered
accountant that the above conditions are satisfied.
3. This notification shall be deemed to be applied for the period from 01-06-2020 to 31-03-2021 in the financial
year 2020-2021 and shall apply from the financial years 2021-2022, 2022-2023, 2023-2024 and 2024-2025.
[Notification No. 78 /2021/F.No.300196/5/2018-ITA-I]
PRAJNA PARAMITA, Director
Explanatory Memorandum
It is certified that no person is being adversely affected by giving retrospective effect to this notification.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.
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