Ministry of Finance
(Department of Revenue)
(Central Board of Direct Taxes)

Notification No. 65/2017

New Delhi, the 20th July, 2017

S.O. 2276(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, the State Pollution Control Board, Odisha, a board established by the Government of Odisha, in respect of the following specified income arising to that board, namely:-

a) statutory Consent fees;

b) share of Water Cess from MOEF &CC, of Government of India;

c) penalties & Levies collected under governing statutes;

d) grant-in-aid received from Central & State Governments;

e) grant in Aid received on behalf of Central & State Governments in the capacity of nodal agency;

f) income by way of interest;

g) share of contributions received for carrying out environmental studies & research.

2. This notification shall be effective subject to the conditions that State Pollution Control Board, Odisha,-

(a) shall not engage in any commercial activity;

(b) activities and the nature of the specified income shall 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) of section 139 of the Income-tax Act, 1961.

3. This notification shall be deemed to have been applied for the financial Years 2015-2016, 2016-2017 and shall apply with respect to the Financial Years 2017-2018, 2018-2019 and 2019-2020.

[F.No.300196/10/2017-ITA-I]

Explanatory Memorandum:- It is certified that no person is being adversely affected by giving retrospective effect to this notification.