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Date: 10-Aug-2023 Category: Extra Ordinary State: Union Government Country: India

Notification under 10(46) in case of State Pollution Control Board Odisha

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

What it means

  • The notification grants income tax exemption to the 'State Pollution Control Board Odisha' under Section 10(46) of the Income-tax Act, 1961, for specified income categories.
  • This exemption applies to certain incomes earned by the board.

Key Changes

  • The following income categories of the 'State Pollution Control Board Odisha' are now exempt from income tax:
  • Regulatory charges under different Environmental Acts & Rules thereunder.
  • Penalties & Levies collected under governing statutes.
  • Grant-in-aid received from Central & State Governments.
  • Grant in Aid received on behalf of Central & State Governments in the capacity of nodal agency.
  • Share of contributions received for carrying out environmental studies & research.
  • Miscellaneous income, like sale of scrap, profit on sale of assets, RTI application fees, forfeiture of Bank Guarantee, tender fees, examination fees, analysis charges and empanelment of consultant fees etc.
  • Interest earned on (a) to (f) above.
  • The exemption is applicable retrospectively for assessment years 2021-2022 to 2023-2024, corresponding to financial years 2020-2021 to 2022-2023.
  • The State Pollution Control Board Odisha must:
  • Not engage in any commercial activity.
  • Ensure that the nature of specified income remains unchanged throughout the financial years.
  • 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.

Impact Analysis

State Pollution Control Board Odisha

  • Action Item: Ensure timely filing of income tax returns as per Section 139(4C)(g) of the Income-tax Act, 1961.

Central Government

  • Action Item: Monitor the activities of the State Pollution Control Board Odisha to ensure compliance with the notification's conditions.

General Public

  • Transparency: Continued access to information through RTI, with fees remaining part of the exempted income.

Key Entities Referenced

State Pollution Control Board Odisha: A board constituted by the State Government of Odisha, responsible for pollution control and environmental protection in the state. PAN: AAALS2490J Central Board of Direct Taxes (CBDT): A part of the Department of Revenue under the Ministry of Finance, responsible for administering direct tax laws. Income-tax Act, 1961: The primary legislation governing income tax in India. Section 10(46) provides for exemptions for specified bodies or authorities.
Official Source Record View Original Source →
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रजजस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-10082023-248001 CG-DxLx-xEG-I1D0H0x8x2x0 23-248001 xxxGIDExxx ऄसाधारण EXTRAORDINARY भाग II—खण् ड 3—ईप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 3425] नइ ददल्ली, बहृ स्ट्प जतिार, ऄगस्ट्त 10, 2023/श्रािण 19, 1945 No. 3425] NEW DELHI, THURSDAY, AUGUST 10 , 2023/SHRAVANA 19, 1945 जित्त मंत्रालय (राजस्ट्ि जिभाग) (केंद्रीय प्रत्यक्ष कर बोड)ड ऄजधसचू ना नइ ददल्ली, 10 ऄगस्ट्त, 2023 का.अ. 3579(ऄ).—केंद्र सरकार, अयकर ऄजधजनयम, 1961 (1961 का 43) की धारा 10 के खंड (46) द्वारा प्रदत्त िजियों का प्रयोग करत े हुए, 'राज्य प्रदषू ण जनयंत्रण बोडड ओजडसा' (पैन AAALS2490J), ओजडसा राज्य सरकार द्वारा गठित एक बोडड, ईस बोडड को होने िाली जनम्नजलजखत जिजनर्ददष्ट अय के संबंध म,ें ईि खंड के प्रयोजनाथ ड ऄजधसूजचत करती ह,ै ऄथाडत:् - (क) जिजभन्न पयाडिरण ऄजधजनयमों ऄथिा ईनके ऄंतगडत बनाए गए जनयमों के तहत जनयामक प्रभार; (ख) िासी जिधानों के ऄंतगडत संगृहीत जुमाडने और िसूजलयां; (ग) केंद्र और राज्य सरकारों स ेप्राप्त सहायता ऄनुदान; (घ) नोडल एजेंसी की हजै सयत से केंद्रीय और राज्य सरकारों की ओर से प्राप्त सहायता ऄनुदान; (ङ) पयाडिरणीय ऄध्ययन और ऄनसु ंधान जनष्पाददत करने के जलए प्राप्त ऄंिदानों का जहस्ट्सा; (च) जिजिध अय, जैस ेस्ट्रैप की जबरी, अजस्ट्तयों की जबरी पर लाभ, अरटीअइ अिेदन िुल्क, बकैं गारंटी की जब्ती, जनजिदा िुल्क, परीक्षा िुल्क, जिश्लेषण प्रभार और परामिड िल्ु क आत्यादद की पैनलबद्धता; और (छ) ईपयुडि (क) स े(ङ) पर ऄर्जजत ब्याज। 5163 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] 2. यह ऄजधसूचना जनम्नजलजखत के ऄध्यधीन प्रभािी होगी दक राज्य प्रदषू ण जनयंत्रण बोड,ड ओजडसा – (क) दकसी व्यािसाजयक गजतजिजध म ेंिाजमल नहीं होगा; (ख) जित्तीय िषों के दौरान गजतजिजधयों और जिजनर्ददष्ट अय की प्रकृजत ऄपठरिर्जतत रहगे ी; तथा (ग) अयकर ऄजधजनयम, 1961 की धारा 139 की ईप-धारा (4ग) के खंड (छ) के प्रािधान के ऄनसु ार अय की जििरणी फाइल करेगा। 3. यह ऄजधसूचना जनधाडरण िषड 2021-2022 से 2023-2024 के जलए लाग ू मानी जाएगी जो रमिः जित्तीय िष ड 2020-2021 से 2022-2023 के जलए संगत ह।ै [ऄजधसूचना स.ं 60/2023 फा.स.ं 300196/6/2020-अइटीए-I] जिकास ससह, जनदेिक, अइटीए-I स्ट्पष्टीकरण ज्ञापन यह प्रमाजणत दकया जाता ह ै दक आस ऄजधसूचना को पूिडव्यापी प्रभाि देन े स े दकसी व्यजि पर प्रजतकूल प्रभाि नहीं पड़ रहा ह।ै MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 10th August, 2023 S.O. 3579(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, ‘State Pollution Control Board Odisha’ (PAN AAALS2490J), a Board constituted by the State Government of Odisha, in respect of the following specified income arising to that Board, namely: (a) Regulatory charges under different Environmental Acts & Rules thereunder; (b) Penalties & Levies collected under governing statutes; (c) Grant-in-aid received from Central & State Governments; (d) Grant in Aid received on behalf of Central & State Governments in the capacity of nodal agency; (e) Share of contributions received for carrying out environmental studies & research; (f) Miscellaneous income, like sale of scrap, profit on sale of assets, RTI application fees, forfeiture of Bank Guarantee, tender fees, examination fees, analysis charges and empanelment of consultant fees etc. and (g) Interest earned on (a) to (f) above. 2. This notification shall be effective subject to the conditions that State Pollution Control Board Odisha,- (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 2021-2022 to 2023-2024 relevant for the financial years 2020-2021 to 2022-2023 respectively. [Notification No. 60 /2023 F.No.300196/6/2020-ITA-I] VIKAS SINGH, Director (ITA-I) 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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