The Central Board of Direct Taxes (CBDT), Department of Revenue, Ministry of Finance, has issued three notifications granting Income-tax exemption to statutory institutions under Section 10 of the Income-tax Act, 1961.
Haryana State Board of Technical Education (HSBTE), Panchkula
- Notification No.: 163/2025
- PAN: AAAGT0008A: HSBTE has been granted exemption under Section 10(46) for specified income including government grants, affiliation & examination fees, royalties, donations, sale proceeds of securities, rental income from property and interest on bank deposits.
The notification is applicable for:
- AY 2025-26, and
- AYs 2026-27 to 2029-30, subject to statutory conditions including non-commercial operations and mandatory filing of income-tax returns.
Odisha Real Estate Regulatory Authority (ORERA)
- Notification No.: 164/2025
- PAN: AAAGO0648F: ORERA has been notified under Section 10(46A)(b) as a statutory authority constituted under the Real Estate (Regulation and Development) Act, 2016.
This notification is effective from AY 2025-26, subject to ORERA continuing to operate with the purposes specified in Section 10(46A).
State Pollution Control Board, Odisha (SPCB)
- Notification No.: 165/2025
- PAN: AAALS2490J: SPCB Odisha has been granted exemption under Section 10(46) for specified income such as statutory consent & authorization fees under Water and Air Acts, penalties & levies, government grants, environmental research contributions, sale of scrap and miscellaneous receipts, and interest income.
The notification applies to:
- FY 2023-24 to FY 2025-26 (AYs 2024-25 to 2026-27) and
- FY 2026-27 to FY 2027-28 (AYs 2027-28 to 2028-29), subject to statutory compliance requirements.
Additional Notes
- All three notifications include explanatory memoranda confirming that no taxpayer is adversely affected by retrospective application.
- All entities must continue to remain non-commercial, retain the nature of specified income, and file income-tax returns annually to retain exemption status.
The Notifications can be accessed at: https://a2ztaxcorp.net/wp-content/uploads/2025/11/CBDT-Notification-No.-163-to-165-2025.pdf
