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Income Tax - Highlights / Catch Notes

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The GoI notification exempts the Telangana State Pollution ...


Tax Exemption for Telangana Pollution Control Board Under Section 10(46) Covering Regulatory Income Streams and Government Grants

May 15, 2025

Notifications     Income Tax

The GoI notification exempts the Telangana State Pollution Control Board from income tax under Section 10(46) of the Income Tax Act, 1961, covering specified income streams including consent fees, analysis fees, government grants, and interest earnings. The exemption is conditional upon the board not engaging in commercial activities, maintaining consistent income nature, and filing income returns as per statutory requirements. The notification applies retrospectively for financial years 2021-22 through 2025-26, ensuring tax relief for the pollution control board's regulatory and monitoring activities.

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