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Core Purpose

The Central Government notifies the 'State Pollution Control Board, Odisha' for the purposes of clause (46) of section 10 of the Income-tax Act, 1961, exempting specific income from tax.

Detailed Summary

The Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, issued Notification S.O. 5440(E) on November 26, 2025, exercising powers under clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961). This notification designates the 'State Pollution Control Board, Odisha' (PAN AAALS2490J), a body constituted by the State Government of Odisha under the Water (Prevention and Control of Pollution) Act, 1974 (6 of 1974), for income tax exemption on specified income. The exempted income categories include Statutory Consent & Authorization Fees received under the Water (Prevention & Control of Pollution) Act, 1974, and Air (Prevention & Control of Pollution) Act, 1981; Penalties & Levies; Grant-in-aid from Central & State Governments; Grant-in-aid received as a nodal agency; Share of contributions for environmental studies & research; Miscellaneous income (e.g., sale of scrap, profit on sale of assets, RTI fees, forfeiture of Bank Guarantee, tender fees, examination fees, analysis charges, empanelment of consultant fees, miscellaneous fees, recoveries under Statutes); and Interest earned on these specified incomes. The exemption is subject to conditions: the Board shall not engage in commercial activity, its activities and specified income nature must remain unchanged, and it must file returns of income per section 139(4C)(g) of the Income-tax Act, 1961. This notification is deemed to have applied for Financial Years 2023-24 to 2025-26 (Assessment Years 2024-25 to 2026-27) and is applicable for Financial Years 2026-27 to 2027-28 (Assessment Years 2027-28 to 2028-29). The notification, bearing No. 165/2025/F. No. 300196/49/2025-ITA-I, is certified to have no adverse retrospective effect.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-26112025-267979 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY NEW DELHI, WEDNESDAY, NOVEMBER 26, 2025/AGRAHAYANA 5, 1947 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 26th November, 2025 S.O. 5440(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 under the Water (Prevention and Control of Pollution) Act, 1974 (6 of 1974), in respect of the following specified income arising to that Board, namely:- (a) Statutory Consent & Authorization Fees received under the Water (Prevention & Control of Pollution) Act, 1974 and Air (Prevention & Control of Pollution) Act, 1981; (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, miscellaneous fees and recoveries under the Statutes etc; (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 Financial Year 2023-24 to 2025-26 relevant for the assessment years 2024-25 to 2026-27 and shall be applicable for Financial Years 2026-27 to 2027-28 relevant for the assessment years 2027-28 to 2028-29. [Notification No. 165/2025/F. No. 300196/49/2025-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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