Exemption from specified income U/s 10(46) of IT Act 1961 – ‘Telangana State Pollution Control Board’

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....n 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 Water (Prevention and Control of Pollution) Act, 1974 (6 of 1974), in respect of the following specified income arising to that Board, namely:- (a) ....

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....rantees; and (k) interest earned on (a) to (j) above. 2. This notification shall be effective subject to the conditions that 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 provisi....