Section 10(46) of the Income-tax Act, 1961 – Central Government notifies “Pollution Control Board, Assam” a body constituted by the Government of Assam in respect of the following specified income arising to that Board - 40/2016 - Income Tax Act, 1961
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Tax exemption for pollution control board income: specified non commercial receipts exempted subject to activity, income stability and return filing conditions. Notification designates Pollution Control Board, Assam as a notified body for exemption of specified receipts, listing consent fees, analysis fees, reimbursements from central monitoring programmes, authorisation fees, cess reimbursements and appeal fees, RTI fees, public hearing fees, interest on staff loans and on deposits, and miscellaneous receipts; and conditions that the Board shall not engage in commercial activity, its activities and specified income remain unchanged, and it shall file returns as prescribed for notified bodies.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tax exemption for pollution control board income: specified non commercial receipts exempted subject to activity, income stability and return filing conditions.
Notification designates Pollution Control Board, Assam as a notified body for exemption of specified receipts, listing consent fees, analysis fees, reimbursements from central monitoring programmes, authorisation fees, cess reimbursements and appeal fees, RTI fees, public hearing fees, interest on staff loans and on deposits, and miscellaneous receipts; and conditions that the Board shall not engage in commercial activity, its activities and specified income remain unchanged, and it shall file returns as prescribed for notified bodies.
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