Orissa State AIDS Control Society has been notified under section 10(46) of income tax act. Now Grants aid received and interest earned thereon to the said society shall be exempt under section 10(46) subject to the fulfillment of all of the below mentioned conditions :-
(a) the Orissa State AIDS Control Society does NOT engage in any commercial activity;
(b) the activities and the nature of the specified income remain unchanged throughout the financial year; and
(c) Must files the return of income under section 139(4C) of the Income-tax Act, 1961.
Refer Notification 04/2014