CBDT Grants Income Tax Exemption to Uttarakhand Pollution Control Board

The CBDT has granted income tax exemption to the "Uttarakhand Pollution Control Board" under section 10(46) of the Income Tax Act, 1961. This move signifies the government's recognition of the board's role in environmental protection. The exemption is subject to certain conditions, such as the board not engaging in any commercial activities and filing its returns of income with an audit report. The notification, which applies to the assessment years 2020-2025, provides financial relief to the board.