CBDTNotificationNotification No. 69/2016/F. No.196/33/2014-ITA-I11 Aug 2016

Haryana State Pollution Control Board Income Tax Exemption

Who: Haryana State Pollution Control Board
Action: File return of income in accordance with the provision of clause (g) of sub-section (4C) section 139 of the Income-tax Act, 1961.

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What changed

The Central Government notifies the Haryana State Pollution Control Board under section 10 clause 46 of the Income-tax Act, 1961 for specified income sources. The specified income sources include grants from the Central Government and State Government, and consent fees for permission to set up industry in the state of Haryana. The board must not engage in any commercial activity. The activities and the nature of the specified income must remain unchanged throughout the financial years. The board must file a return of income in accordance with section 139 sub-section 4C clause g. The notification applies to the Financial Years 2014-15, 2015-16, 2016-17, 2017-18, and 2018-19.

What you must do

File return of income in accordance with the provision of clause (g) of sub-section (4C) section 139 of the Income-tax Act, 1961.

Key dates

Financial Year 2014-15: Not dated
Financial Years 2015-16, 2016-17, 2017-18 and 2018-19: Not dated

Law this touches

Who is affected

Haryana State Pollution Control Board

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Document text

Prepared for reading; wording retained from the source.

Official source

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 11th August, 2016

S. O. 2692(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, a body constituted by Government of Haryana, in respect of the following specified income arising to that 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.

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 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.

This notification shall be deemed to have been apply for the Financial Year 2014-15 and shall apply with respect to the Financial Years 2015-16, 2016-17, 2017-18 and 2018-19.

[Notification No. 69/2016/F. No.196/33/2014-ITA-I]

DEEPSHIKHA SHARMA, Director

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. RAJ KUMAR Digitally signed by RAJ KUMAR Date: 2016.08.19 15:46:47 +05'30'

Source details

Official title: notification no. 69/2016 f. no.196/33/2014 ita i /so 2692 e
Source: Central Board of Direct Taxes / Income Tax Department
Type: notification
Published by source: 11 Aug 2016
Document number: Notification No. 69/2016/F. No.196/33/2014-ITA-I
Issuing division: CENTRAL BOARD OF DIRECT TAXES
Coverage area: direct-tax

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Haryana State Pollution Control Board Income Tax Exemption

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