(Department of Revenue)
Notification No. 40/2016- Income Tax
New Delhi, the 2nd June, 2016

S.O. 1944(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, the Pollution Control Board, Assam, a body constituted by Government of Assam, in respect of the following specified income arising to that Board, namely:—

(a) consent fees;

(b) analysis fees;

(c) reimbursement of the expense received from Central Pollution Control Board towards National Air Monitoring Programmes, global environment monitoring system and monitoring of India National Aquatic resources and like schemes;

(d) authorisation fees;

(e) cess re-imbursement and cess appeal fees;

(f) fees received under the RTI Act, 2005;

(g) public hearing fees;

(h) interest on loans & advances given to staff of the board;

(i) misc. income such as sale of old or scrap items, tender fees & other matters relating thereto and

(j) interest on deposits.

2. This notification shall be effective subject to the conditions that the Pollution Control Board, Assam,-

(a) shall not engage in any commercial activity;

(b) activities and the nature of the specified income 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) section 139 of the Income-tax Act, 1961.

3. This notification shall be deemed to have been apply for the Financial Year 2015-2016 and shall apply with respect to the Financial Years 2016-2017, 2017-2018, 2018-2019 and 2019-20.

[Notification No. 40/2016, F.No. 196/03/2016-ITA-I]



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