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[Notification No. 111/2022/F. No. 370142/32/2022-TPL] [Notification No. 49/2022/F.No.370142/6/2022-TPL]


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


New Delhi, the 8th October, 2018

S.O. 5175(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, “Hyderabad Metropolitan Water Supply and Sewerage Board”, Hyderabad, a board constituted by Government of Andhra Pradesh in respect of the following specified incomes arising to that board, namely.—

  • Grants received from state government;
  • Water Cess;
  • Sewerage Cess;
  • Receipts from New connection charges, reconnection charges and disconnection charges;
  • Interest and penalty on delayed payment of water cess;
  • Receipts from supply of water via tankers;
  • Income through sale of tender forms;
  • Centage income;
  • Rental income from renting of buildings and hoardings;
  • Interest on consumption deposits with power companies, and
  • Interest on fixed deposits with banks.
  • This notification shall be effective subject to the conditions that Hyderabad Metropolitan Water Supply and Sewerage Board –
  1. shall not engage in any commercial activity;
  2. activities and the nature of the specified income shall remain unchanged throughout the financial years; and

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  • 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.
  • This notification shall be deemed to have been applied for the Assessment year 2017-2018 and 2018-19 and shall apply with respect to the assessment years 2019-20, 2020-21 and 2021-22.

[Notification No. 61/2018, F.No.300196/58/2018-ITA-I]


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

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