Granting Tax Exemption to Delhi Pollution Control Committee in respect of the specified Income under Section 10(46) of the Income-tax Act, 1961 and section 536(2)(a) to (c) and (e) of the Income-tax Act, 2025

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....CT TAXES) NOTIFICATION NO. 86/2026 New Delhi, the 16th July, 2026 S.O. 3919(E).- Whereas, section 10 (46) of the Income-tax Act, 1961 (43 of 1961) provided for exemption of specified income of certain bodies or authorities or Boards or Trusts or   Commissions as may be notified by the  Central Government in the Official Gazette for the purposes of that section; And where....

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....961 shall continue to apply to any proceeding pending on the date of commencement of the Income-tax Act, 2025 (30 of 2025) and to any proceedings initiated on or after the 1st April, 2026 (including notices, assessment, reassessment, re-computation, rectification, penalty, reference, revision and appeals) in respect of any tax year beginning before the 1st April, 2026 and such proceedings shall be....

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....tral Government under section 4 of the Water (Prevention and Control of Pollution) Act, 1974 (Act No. 6 of 1974) and section 6 of the Air (Prevention and Control of Pollution) Act, 1981 (Act No. 14 of 1981), in respect of the following specified income arising to that body, namely :- a. Government grants/subsidies; b. Consent fees, license fees and application fees collected unde....