CBDT Grants Income Tax Exemption to National Mission for Clean Ganga Under Section 10(46)By Author | April 23, 2025 | CBDT Notifications | Income Tax Exemptions
The Central Board of Direct Taxes (CBDT), via Notification No. 37/2025 dated April 22, 2025, has granted income tax exemption to the National Mission for Clean Ganga (PAN: AABAN3769K) under Section 10(46) of the Income-tax Act, 1961.
This exemption is granted under the powers conferred by sub-clause (b) of clause (46A) of section 10, recognizing the authority constituted under the Environment (Protection) Act, 1986, for carrying out purposes outlined in the Act.
Key Highlights of the Notification:
Exempt Authority: National Mission for Clean Ganga
Legal Framework: Section 10(46A) of the Income-tax Act, 1961
Effective From: Assessment Year 2024–25
PAN: AABAN3769K
Governing Act: Environment (Protection) Act, 1986 (No.29 of 1986)
Conditions for Exemption:
The authority must continue to function under the Environment (Protection) Act.
It must operate with objectives specified in sub-clause (a) of section 10(46A), such as environmental protection and water conservation.
Impact:
This exemption supports the mission’s environmental and river conservation efforts by enabling tax-free income, thereby promoting clean water initiatives and sustainable development goals (SDGs) in India.
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