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<h1>West Bengal Pollution Control Board Gains Tax Exemption on Specified Income u/s 10(46) of Income-tax Act.</h1> The Central Government has issued a notification exempting the West Bengal Pollution Control Board from specified income under section 10(46) of the Income-tax Act, 1961. This exemption applies to various income sources such as consent fees, analysis fees, authorization fees, and others, provided they are non-commercial and involve no profit element. The exemption is subject to conditions that the Board does not engage in commercial activities, maintains the nature of specified income, and files income returns as required. This notification is retroactively effective from the assessment year 2015-16, ensuring no adverse effects on any individual.