CBDT exempts West Bengal Pollution Control Board from Income Tax u/s 10(46) [Read Notification]

The Central Board of Direct Taxes ( CBDT ), vide Notification S.O. 4570(E) has issued a notification under clause (46) of section 10 of the Income-tax Act, 1961, exempting specified incomes of the West Bengal Pollution Control Board from paying tax.

This exemption applies to a range of income sources that are non-commercial in nature, including consent fees, analysis fees for air and water quality, authorization fees, and fees related to various environmental monitoring programs.

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Additional exempt income includes reimbursement of expenses from the Central Pollution Control Board, public hearing fees, vehicle emission test fees, and training fees where no profit is involved.

The sale of environmental law books, interest on deposits, and miscellaneous income from non-commercial activities, such as the sale of old items or tender fees, also qualify for the exemption.

To maintain its tax-exempt status, the West Bengal Pollution Control Board must ensure that it does not engage in any commercial activities and that the nature of its income remains unchanged during the financial years. Additionally, it is required to file an income return as per section 139(4C)(g) of the Income-tax Act, 1961.

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This notification is retroactively effective from the assessment year 2015-16, covering the financial year 2014-15, ensuring that the specified income for these years also qualifies for the exemption.

To Read the full text of the Order CLICK HERE

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