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Section 10(46) of the Income-tax Act, 1961 – Central Government notifies “Pollution Control Board, Assam” a body constituted by the Government of Assam in respect of the following specified income arising to that Board - 40/2016 - Income TaxExtract MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 40/2016 New Delhi, the 2nd June, 2016 S.O. 1944(E). -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, the Pollution Control Board, Assam, a body constituted by Government of Assam, in respect of the following specified income arising to that Board, namely:- (a) consent fees; (b) analysis fees; (c) reimbursement of the expense received from Central Pollution Control Board towards National Air Monitoring Programmes, global environment monitoring system and monitoring of India National Aquatic resources and like schemes; (d) authorisation fees; (e) cess re-imbursement and cess appeal fees; (f) fees received under the RTI Act, 2005; (g) public hearing fees; (h) interest on loans advances given to staff of the board; (i) misc. income such as sale of old or scrap items, tender fees other matters relating thereto and (j) interest on deposits. 2. This notification shall be effective subject to the conditions that the Pollution Control Board, Assam,- (a) shall not engage in any commercial activity; (b) activities and the nature of the specified income remain unchanged throughout the financial years; and (c) shall file return of income in accordance with the provision of clause (g) of sub-section (4C) section 139 of the Income-tax Act, 1961 . 3. This notification shall be deemed to have been apply for the Financial Year 2015-2016 and shall apply with respect to the Financial Years 2016-2017, 2017-2018, 2018-2019 and 2019-20. [ F.No.196/03/2016-ITA-I] DEEPSHIKHA SHARMA, Director
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