U/s 10(46) of the Income-tax Act, 1961 Central Government notifies National Council of Science Museums Kolkata, an autonomous body established under the Ministry of Culture, Government of India, in respect of the specified income arising to that Council - 67/2017 - Income Tax Act, 1961

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Tax exemption for notified autonomous science museum: specified income exempt subject to non-commercial operations, unchanged activities and required return filing. Notification under section 10(46) designates the National Council of Science Museums, Kolkata as a notified autonomous body for exemption of specified income comprising grants-in-aid and subsidies from Government of India; fees or subscriptions from ticket sales; maintenance and facility charges for auditoria and public scientific/educational use; and interest from investments. The exemption is subject to conditions: the Council shall not undertake commercial activity, the activities and specified income must remain unchanged across the relevant financial years, and the Council must file income-tax returns in accordance with law.

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Tax exemption for notified autonomous science museum: specified income exempt subject to non-commercial operations, unchanged activities and required return filing.

Notification under section 10(46) designates the National Council of Science Museums, Kolkata as a notified autonomous body for exemption of specified income comprising grants-in-aid and subsidies from Government of India; fees or subscriptions from ticket sales; maintenance and facility charges for auditoria and public scientific/educational use; and interest from investments. The exemption is subject to conditions: the Council shall not undertake commercial activity, the activities and specified income must remain unchanged across the relevant financial years, and the Council must file income-tax returns in accordance with law.

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U/s 10(46) of the Income-tax Act, 1961 Central Government notifies National Council of Science Museums Kolkata, an autonomous body established under the Ministry of Culture, Government of India, in respect of the specified income arising to that Council - 67/2017 - Income Tax Act, 1961

Tax exemption for notified autonomous science museum: specified income exempt subject to non-commercial operations, unchanged activities and required return filing.

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U/s 10(46) of the Income-tax Act, 1961 Central Government notifies National Council of Science Museums Kolkata, an autonomous body established under the Ministry of Culture, Government of India, in respect of the specified income arising to that Council - 67/2017 - Income Tax Act, 1961

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Tax exemption for notified autonomous science museum: specified income exempt subject to non-commercial operations, unchanged activities and required return filing.

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