Exemption from specified income U/s 10(46) of IT Act 1961 - ‘Andhra Pradesh Pollution Control Board’

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....ise 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, 'Andhra Pradesh Pollution Control Board' (PAN: AAAJA1610Q), a Board established by the State Government of Andhra Pradesh under the Water (Prevention and Control of Pollution) Act, 1974 (6 of 1974), in respect of the followin....

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....re no profit element is involved and the activity is not commercial in nature; (i) Interest on loans and advances given to staff of the Board; (j) Miscellaneous income like sale of old scrap items, tenders fees etc.; (k) Interest earned arising out of the above. 2. This notification shall be effective subject to the conditions that Andhra Pradesh Pollution Control Boa....