Tax Exemption on Specified Income of "State Pollution Control Board, Odisha" U/s 10(46) of Income-tax Act, 1961
X X X X Extracts X X X X
X X X X Extracts X X X X
....).- In exercise 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, 'State Pollution Control Board, Odisha' (PAN AAALS2490J), a Board constituted by the State Government of Odisha under the Water (Prevention and Control of Pollution) Act, 1974 (6 of 1974), in respect of the follow....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ous fees and recoveries under the Statutes etc; (g) Interest earned on (a) to (f) above. 2. This notification shall be effective subject to the conditions that State Pollution Control Board, Odisha- (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 ....
TaxTMI