Home India Ministry of Finance Notification u/s 10(46) of the Income Tax Act, 1961 in the c...
Date: 2025-07-02 Category: Extra Ordinary State: Union Government Country: India

Notification u/s 10(46) of the Income Tax Act, 1961 in the case of Karnataka State Pollution Control Board, Bengaluru

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

Executive Summary: This notification, issued by the Central Board of Direct Taxes, exempts the Karnataka State Pollution Control Board (KSPCB) from income tax under Section 10(46) of the Income-tax Act, 1961. The exemption applies to specified income sources related to pollution control and environmental protection. The notification is effective retrospectively from the assessment year 2024-2025 and is valid until the assessment year 2028-2029, subject to certain conditions. Key Points / Main Content: Income Tax Exemption: * KSPCB, PAN AAALK0537G, is exempt from income tax under Section 10(46) of the Income-tax Act, 1961. Specified Income: The exemption applies to the following income sources: * Collection of Consent fees as notified by the Government of Karnataka * Collection of water and air analysis charges as notified by the Government of Karnataka * Environmental Compensation fees. * Any fees or income relevant to environment protection, water and air prevention and control of pollution shall be notified by the Government of Karnataka and the Central Pollution Control Board time to time. * Grants/Subsidy/financial assistance/reimbursements received from government entities. * Interest income arising out of above. * Miscellaneous income incidental to the core activities Conditions for Exemption: * KSPCB shall not engage in any commercial activity. * The activities and the nature of the specified income shall remain unchanged. * KSPCB shall file return of income as per Section 139(4C)(g) of the Income-tax Act, 1961. Period of Applicability: * Applicable retrospectively for assessment years 2024-2025 to 2025-2026 (relevant to financial years 2023-2024 to 2024-2025). * Applicable for assessment years 2026-2027 to 2028-2029 (relevant to financial years 2025-2026 to 2027-2028). Impact Analysis: Karnataka State Pollution Control Board (KSPCB): * Impact: Exemption from income tax on specified income sources, potentially freeing up funds for pollution control and environmental protection activities. * Action Required: Ensure compliance with the conditions of the notification, including refraining from commercial activities, maintaining the nature of specified income, and filing income tax returns as required. Central Board of Direct Taxes: * Impact: Implementation and monitoring of the income tax exemption for KSPCB. * Action Required: Ensure the KSPCB adheres to the conditions stipulated in the notification and monitor the impact of the exemption. Government of Karnataka: * Impact: The financial operations of the KSPCB are impacted * Action Required: N/A Industries in Karnataka: * Impact: Payment of fees and charges to KSPCB remains unchanged. * Action Required: Continue paying consent fees, water and air analysis charges, and environmental compensation fees as notified by the Government of Karnataka.

Key Entities Referenced

Income-tax Act, 1961: An act of the Parliament of India enacted in 1961. Central Board of Direct Taxes: A department under the Ministry of Finance responsible for direct tax administration in India. Karnataka State Pollution Control Board, Bengaluru: A Board constituted by the State Government of Karnataka responsible for prevention and control of pollution. Water Prevention and Control of Pollution Act, 1974: An act related to the prevention and control of water pollution in India. Air Prevention Control of Pollution Act, 1981: An act related to the prevention and control of air pollution in India. Central Pollution Control Board: A statutory organisation under the Ministry of Environment, Forest and Climate Change. Ministry of Finance: A ministry in the Government of India responsible for the country's finances. New Delhi, Delhi: The location where the notification was issued.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-02072025-264320 xxxGIDHxxx CG-DLxx-ExG-I0D2E0x7x2x0 25-264320 असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 2894] नई दिल्ली, बुधिार, िुलाई 2, 2025/आषाड 11, 1947 No. 2894] NEW DELHI, WEDNESDAY, JULY 2, 2025/ASHADHA 11, 1947 जित्त मत्रं ालय (रािस्ट्ि जिभाग) (केन्द्रीय प्रत्यक्ष कर बोडड) अजधसचू ना नई दिल्ली, 2 िुलाई, 2025 का.आ. 2961(अ).—आयकर अजधजनयम, 1961 (1961 का 43) की धारा 10 के खंड (46) द्वारा प्रित्त िजियों का प्रयोग करत े हुए, केंरीय सरकार, एतद्द्वारा “कनाडटक राज्य प्रिषू ण जनयंत्रण बोडड”, बगें लरूु (पैन- AAALK0537G), िल (प्रिषू ण जनिारण तथा जनयंत्रण) अजधजनयम, 1974 (1974 का 6) के तहत कनाडटक राज्य सरकार द्वारा गठित बोडड, के संबंध में उि बोड ड को उद्भूत होने िाली जनम्नजलजखत जिजनर्िडष्ट आय के संबंध में उि खडं के प्रयोिनों के जलए अजधसूजचत करती ह,ै अथाडत: (i) कनाडटक राज्य में स्ट्थाजपत उद्योगों से िल (प्रिषू ण जनिारण तथा जनयंत्रण) अजधजनयम, 1974 (1974 का 6), िायु (प्रिषू ण जनिारण तथा जनयंत्रण) अजधजनयम, 1981 (1981 का 14) के अनुसार कनाडटक सरकार द्वारा अजधसूजचत सहमजत िल्ु क का सग्रं हण। (ii) कनाडटक राज्य में स्ट्थाजपत उद्योगों से िल (प्रिषू ण जनिारण तथा जनयंत्रण) अजधजनयम, 1974, िायु (प्रिषू ण जनिारण तथा जनयंत्रण) अजधजनयम, 1981 के अनुसार कनाडटक सरकार द्वारा अजधसूजचत िल और िाय ु जिश्लेषण िल्ु क का सग्रं हण। 4359 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] (iii) पयाडिरण क्षजतपूर्तड िुल्क। (iv) पयाडिरण संरक्षण, िल और िायु प्रिषू ण जनिारण तथा जनयंत्रण से संबंजधत कोई भी िल्ु क या आय, कनाडटक सरकार और केंरीय प्रिषू ण जनयत्रं ण बोडड द्वारा समय-समय पर अजधसूजचत की िाएगी। (v) संबंजधत सरकारी जिभाग द्वारा अजधसूजचत संबंजधत गजतजिजधयों के कारण केंर सरकार, राज्य सरकार, केंरीय प्रिषू ण जनयंत्रण बोडड या दकसी अन्द्य सरकारी एिेंजसयों/जिभागों से प्राप्त अनुिान/ सजससडी/जित्तीय सहायता/प्रजतपूर्तड, चाह ेदकसी भी नाम से िानी िाती हो। (vi) उपयुडि से उत्पन्न होने िाल ेसयाि से प्राप्त आय। (vii) मुख्य गजतजिजधयों स े संबंजधत जिजिध आय िैसे स्ट्रैप की जबरी, जिजिध आय, जनजििा आिेिन िल्ु क, पठरसमाप्त क्षजत, आरटीआई िल्ु क। 2. यह अजधसूचना इन ितों के अध्यधीन प्रभािी होगी दक “कनाडटक राज्य प्रिषू ण जनयंत्रण बोड”ड , बगें लरुू (पैन- AAALK0537G) – (क) दकसी भी िाजणजज्यक गजतजिजध में संलग्न नहीं होगा; (ख) गजतजिजधयां और जनर्िष्टड आय की प्रकृजत परू े जित्तीय िषड में अपठरिर्ततड रहगे ी; तथा (ग) आयकर अजधजनयम, 1961 की धारा 139 की उपधारा (4ग) के खंड (छ) के उपबंध के अनुसार आयकर ठरटन ड िाजखल करेगा। 3. यह अजधसूचना कर जनधाडरण 2024-25 स े 2025-2026 के जलए लागू मानी िायगे ी और जित्तीय िषड 2023-2024 स े 2024-2025 के जलए संगत होगी तथा कर जनधारड ण िष ड 2026-2027 स े 2028-29 तक के जलए लाग ू होगी और जित्तीय िषड 2025-2026 से 2027-2028 के जलए संगत होगी। [अजधसूचना स.ं 71 /2025/फा. सं. 300196/29/2024-आईटीए-I] मीनाक्षी ससंह, उप सजचि व्याख्यात्मक ज्ञापन यह प्रमाजणत दकया िाता ह ै दक इस अजधसूचना को पूिडव्यापी प्रभाि िेने से दकसी भी व्यजि पर प्रजतकूल प्रभाि नहीं पडगे ा। MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 2nd July, 2025 S.O. 2961(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, “Karnataka State Pollution Control Board”, Bengaluru (PAN- AAALK0537G), a Board constituted by the State Government of Karnataka under Water (Prevention and Control of Pollution) Act, 1974 (6 of 1974), in respect of the following specified income arising to the said Board, namely: (i) Collection of Consent fees as notified by the Government of Karnataka in accordance with the Water (Prevention & Control of Pollution) Act, 1974, the Air (Prevention & Control of Pollution) Act, 1981 from Industries established in the State of Karnataka. (ii) Collection of water and air analysis charges as notified by the Government of Karnataka in accordance with the Water (Prevention & Control of Pollution) Act, 1974, the Air (Prevention & Control of Pollution) Act, 1981 from Industries established in the State of Karnataka.[भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 3 (iii) Environmental Compensation fees. (iv) Any fees or income relevant to environment protection, water and air prevention and control of pollution shall be notified by the Government of Karnataka and the Central Pollution Control Board time to time. (v) Grants/Subsidy/financial assistance/reimbursements by whatever name called received from the Central Government, State Government, Central Pollution Control Board or from any other Govt. agencies/departments on account of relevant activities notified the concerned Govt. department. (vi) Interest income arising out of above. (vii) Miscellaneous income incidental to the core-activities i.e. sale of scrap, miscellaneous income, tender application fees, liquidated damages, RTI Fees. 2. This notification shall be effective subject to the conditions that “Karnataka State Pollution Control Board”, Bengaluru (PAN AAALK0537G) – (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. 3. This notification shall be deemed to have been applied for assessment years 2024-2025 to 2025-2026 relevant for the financial years 2023-2024 to 2024-2025 and shall be applicable for assessment years 2026-2027 to 2028-2029 relevant for the financial years 2025-2026 to 2027-2028. [Notification No. 71 /2025/F. No. 300196/29/2024-ITA-I] MEENAKSHI SINGH, Dy. Secy. Explanatory Memorandum It is certified that no person is being adversely affected by giving retrospective effect to this notification. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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