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Reetu | Aug 3, 2022 | Views 14202

CBDT Notifies ‘Telangana State Pollution Control Board’ for Exemption Under Section 10(46)

CBDT Notifies ‘Telangana State Pollution Control Board’ for Exemption Under Section 10(46)

The Central Board of Direct Taxes(CBDT) has notifies ‘Telangana State Pollution Control Board’ for Exemption Under Section 10(46) by issued Notification.

The Notification stated, “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, the Telangana State Pollution Control Board (PAN AAAGT0080Q), a Board constituted by the State Government of Telangana under the Water (Prevention and Control of Pollution) Act, 1974 (6 of 1974), in respect of the following specified income arising to that Board, namely:-

(a) consent fee received under the Water (Prevention and Control of Pollution) Act, 1974 (6 of 1974) and Air (Prevention and Control of Pollution) Act, 1981 (14 of 1981);

(b) analysis fees or air ambient quality survey fees or noise level survey fees;

(c) reimbursement of the expense received from Central Pollution Control Board towards National Water Quality Monitoring Programme and National Air Quality Monitoring Programme like schemes;

(d) authorisation fees;

(e) cess reimbursement and Cess appeal fees;

(f) grants from State or Central Governments;

(g) fees received under the Right to Information Act, 2005 (22 of 2005);

(h) interest on loans and advances given to the staff;

(i) miscellaneous income like tenders fees etc.;

(j) penalties for non-compliance and Invoking of Bank Guarantees; and

(k) interest earned on (a) to (j) above.”

The conditions for effectiveness of notification of Telangana State Pollution Control 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.

This notification shall be deemed to have been applied for the financial years 2016-2017, 2017-2018, 2018-2019, 2019-2020 and 2020-2021 subject to the outcome of the Special Leave Petition filed by Central Board of Direct Taxes vide Diary No.19832/2022 in the Hon’ble Supreme Court of India against the Common order dated 26.07.2021 in W.P.4834/2020 and 15629/2020 by the High Court for the State of Telangana.

For Official Notification Download PDF Given Below:

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