On June 16, 2025, the Central Board of Direct Taxes (CBDT) issued Notifications Nos. 57 to 60/2025 granting income tax exemptions under Section 10(46) and 10(46A) of the Income-tax Act, 1961 to four statutory bodies:
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Haryana Real Estate Regulatory Authority (PAN: AAAGH0586F) – Exempted for income from government grants/loans, fees/penalties from stakeholders, and interest earned thereon. Effective for FYs 2018–19 to 2022–23, subject to conditions like non-commercial activity and return filing compliance.
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Treasurer Charitable Endowments, Haryana (PAN: AAALT1027E) – Exempted for grants from central/state governments for the National Workers Relief Fund and interest on bank deposits. Applicable for FYs 2014–15 to 2018–19.
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Himachal Pradesh Board of School Education, Dharamshala (PAN: AAAJH0373H) – Exempted for income from state government grants, statutory fees, sale of educational material, and bank interest. The exemption applies to FYs 2019–20 to 2022–23.
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Karnataka Electricity Regulatory Commission, Bengaluru (PAN: AAAGK0112L) – Notified under Section 10(46A) for AY 2025–26 onwards, provided it continues to operate under the Electricity Act, 2003.
Each notification confirms that the retrospective application will not adversely affect any person.
The Complete Notifications can be accessed at:Â https://a2ztaxcorp.net/wp-content/uploads/2025/06/CBDT-57-to-60.pdf
