U/s 10(46) of IT Act 1961 - Central Government notifies ‘Haryana State Pollution Control Board’ in respect of the specified income arising to that Board. - 08/2021 - Income Tax

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 08/2021 New Delhi, the 22nd February, 2021 S.O. 813(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, Haryana State Pollution Control Board (PAN AAAJH0446F), a Board constituted by the State Government of Haryana under the Water (Prevention and Control of Pollution) Act, 1974, in respect of the following specified income arising to the Board, namely:- (a) Grant from Central Government; (b) Grant from State Government; and (c) Consent fee for permission for setting up industry in the state of Haryana; (d) Analysis fees or air ambient quality survey fees; (e) Testing fees; (f) Authorization fees; (g) NOC fees; (h) Cess reimbursement and cess appeal fees; (i) Fees received under RTI Act, 2005; (j) Public hearing fees; (k) Recognition fees; (l) Interest on loan and advances given to staff; and (m) Interest on fixed deposit. 2. This notification shall be effective subject to the conditions that Haryana State 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 2020-21, 2021-2022, 2022-2023, 2023-2024 and 2024-2025. [F.No.300196/35/2019-ITA-I] PRAJNA PARAMITA, Director