Standardizing the process of filing application under section 10(46) of the Income Tax Act, 1961

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....process of filing application under section 10(46) of the Income Tax Act, 1961. Under section 10(46) of the Income-tax Act, specified income arising to a body or authority or Board or Trust or Commission, established or constituted by or under a Central or State Act or by a Central or State Government with the object of regulating or administering any activity for the benefit of general public,....

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....s u/s 10(46) of the IT Act. The Applicant shall also send a copy of the said application along with all its enclosures to the Under Secretary (ITA-l), Central Board of Direct Taxes, accompanied by the acknowledgement receipt forwards evidence of having furnished the application in the office of jurisdictional CIT/DIT. 3. Format of Application Seeking Notification u/s 10(46) shall be as und....

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....bsp; 10 Nature of Activity   11 Are any of the activities carried out commercial in nature? Pl. furnish justification to the answer.   12(A) Whether established or constituted by a Central or State Act? Pl. give details.   (B) Whether constituted by a State or Central Government? Pl. specify.   (C)  Copy of such Deed/Notification/A....

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....ed for (If yes, when), (b) granted (if yes, pl. furnish the copy of relevant order) (c) such request has been rejected earlier. If yes, when and on what grounds. Pl. furnish a copy of relevant order.   19  Pl. furnish copies of Balance Sheet, Profit & Loss Account or Income & Expenditure statement of last three years, along with schedules.   20 Whether the ac....