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of <h1>State pollution control board granted income tax exemption under section 10(46) for environmental protection activities through 2028-29</h1> The Central Government notified a state pollution control board for income tax exemption under section 10(46) of the Income Tax Act, 1961. The exemption covers specified income including consent fees, water and air analysis charges, environmental compensation fees, grants from government agencies, interest income, and miscellaneous income related to environmental protection activities. The notification is effective for assessment years 2024-25 to 2028-29, subject to conditions that the board shall not engage in commercial activities, maintain unchanged nature of specified income, and file income tax returns as required.
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