The Central Board of Direct Taxes (CBDT) on August 10, 2023, issued a notification for the purposes of the ‘West Bengal Pollution Control Board’ (PAN: AAALW0078B) a Board constituted by the Government of West Bengal, in respect of the certain specified income arising to that Board.
The following are the specified income arising to the Board namely: -
• Fees that include the following: -
1. Consent fees or no objection certificate fees
2. Analysis fees
3. Authorisation fees
• Reimbursement of the following: -
1. Cess
2. Expenses received from the Central Pollution Control Board towards the National Air Monitoring Program, the Monitoring of Indian National Aquatic resources, and like schemes
• Sale of books relating to environmental law, regulations, important judicial orders and environmental issues where no profit element is involved and the activity is not commercial in nature
• Pollution cost or forfeiture of bank guarantee due to non-compliance
• Miscellaneous income including the sale of old or scrap items, and other matters relating thereto, where no profit element is involved
• Interest on bank deposits, and on loans and advances given to staff
This notification shall be effective subject to the conditions that the West Bengal Pollution Control Board namely: -
• Shall not engage in any commercial activity
• Activities and the nature of the specified income shall remain unchanged throughout the financial years
• Shall file the return of income in accordance with the provision of clause (g) of sub-section (4C) of section 139 of the Income-tax Act, 1961.
This notification shall be deemed to have been applied for assessment years 2021-22 to 2023-24 relevant for the financial years 2020-2021 to 2022-2023 respectively.
[Notification No. 4703(E)]
