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Informative

CBDT exempts West Bengal Pollution Control Board from Income Tax u/s 10(46)

Update / Judgement Date

20 Oct 2024

Source

Taxscan

Author

Team — WCP Legal Desk

Reading Time

1 min read

Income Tax

The CBDT has exempted the West Bengal Pollution Control Board from income tax under Section 10(46) of the Income Tax Act. The exemption applies to the income earned by the board from various sources, including grants, fees, and charges. The decision is aimed at supporting the board’s efforts to control pollution and protect the environment. This exemption will enable the board to utilize its resources more effectively for environmental conservation and regulatory activities.