The Central Board of Direct Taxes (CBDT) on January 23, 2024, issued a notification for the purposes of the ‘State Pollution Control Board Odisha’ (PAN AAALS2490J) an Authority constituted by the Administrator, Union Territory, Chandigarh, in respect of the certain specified income arising to that Authority.
The following are the specified income arising to the Authority namely: -
• Grants received from the Punjab and Haryana High Court, Central Authority i.e. National Legal Services Authority constituted under the Legal Services Authorities Act, 1987
• Grants or donations received from the Central Government or the State Government of Punjab/Haryana for the purpose of the Legal Services Authorities Act, 1987
• Amount received under the order of the court
• Fees received as recruitment application fee
• Interest earned on bank deposits
This notification shall be effective subject to the conditions that State Pollution Control Board Odisha 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 2021-2022, 2022-2023 and 2023-2024 relevant for the financial years 2020-2021, 2021-2022 and 2022-2023 respectively.
[Notification No. 328(E)]
