Notification u/s 10(46A) of the Income Tax Act, 1961 in the case of Chennai Metropolitan Water Supply and Sewerage Board

Notification u/s 10(46A) of the Income Tax Act, 1961 in the case of Chennai Metropolitan Water Supply and Sewerage Board

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 15th October, 2025

S.O. 4678(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961 (43 of 1961), (hereinafter referred to as “the Income-tax Act”), the Central Government hereby notifies “Chennai Metropolitan Water Supply and Sewerage Board” (PAN: AAALM0037B) (hereinafter referred to as “the assessee”), a Board constituted under the Chennai Metropolitan Water Supply and Sewerage Act, 1978 (Tamil Nadu Act 28 of 1978) for the purposes of the said clause.

2. This notification shall be effective from the assessment year 2024-2025, subject to the condition that the assessee continues to be a Board constituted under the Chennai Metropolitan Water Supply and Sewerage Act, 1978 (Tamil Nadu Act 28 of 1978) with one or more of the purposes specified in sub-clause (a) of clause (46A) of section 10 of the Income-tax Act.

[Notification No. 151 /2025/F. No.300195/65/2024-ITA-I]
MEENAKSHI SINGH, Dy. Secy