U/s 10(46) of IT Act 1961 - Central Government notifies ‘Uttarakhand Environment Protection & Pollution Control Board’ a Board constituted by the Government of Uttarakhand in respect of the specified income arising to that Board - 28/2020 - Income Tax

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 28/2020 New Delhi, the 27th May, 2020 S.O. 1658(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, Uttarakhand Environment Protection Pollution Control Board , Dehradun(PAN AAALU0160D), a Board constituted by the Government of Uttarakhand, in respect of the following specified income arising to that Board, namely :- (a) consent fee; (b) no objection certificate fee; (c) bio medical waste fee; (d) hazardous fee; (e) stack/analysis fee; (f) bank guarantee forfeited; (g) income against RTI application charges; (h) reimbursement of the expense received from Central Pollution Control Board towards National Air Monitoring Programmes; (i) monitoring fees; (j) interest from savings accounts FDRs; (k) public hearing fee; (l) interest from house loan advance to staff; and (m) income by sale of old scrap items and tender fee etc. 2. This notification shall be effective subject to the conditions that Uttarakhand Environment Protection and Pollution Control Board,- (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 (c) shall file return of income in accordance with the provision of clause (g) of sub-section (4C) of section 139 of the Income-tax Act, 1961. (d) shall file the Audit report along with the Return, duly verified by the accountant as provided in explanation to section 288(2) of the Income-tax Act, 1961 along with a certificate from the chartered accountant that the above conditions are satisfied. 3. This notification shall apply with respect to the assessment years 2020-2021, 2021-2022, 2022-2023, 2023-2024 and 2024-2025. [F.No.300196/16/2019-ITA-I] PRAJNA PARAMITA, Director