Exemption of Specified Income for Dadra and Nagar Haveli Building and Other Construction Workers Welfare Board · 12/2026/F. No. 300196/52/2019-ITA-I
CBDT notification 12/2026/F. No. 300196/52/2019-ITA-I · 21 Jan 2026
Official title
notification no. 12/2026 f. no. 300196/52/2019 ita i / so 333 e
Official record
Open source pageSummary
Check the official recordWhat changed
The Central Government notifies the Dadra and Nagar Haveli Building and Other Construction Workers Welfare Board for income tax exemption under section 10(46) of the Income-tax Act, 1961. The exemption applies to cess collected under the Building And Other Construction Workers’ Welfare Cess Act, 1996, registration fees under the Buildings And Other Construction Workers’ (Regulation of Employment And Conditions of Service) Act, 1996, and interest on bank deposits. The Board must not engage in commercial activity. The Board must file a return of income. The activities and nature of income must remain unchanged. This notification applies retrospectively to assessment years 2019-2020 through 2023-2024.
What you must do
- The Board must not engage in commercial activity.
- The Board must keep activities and nature of income unchanged.
- The Board must file a return of income.
Document text
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 21st January, 2026
S.O. 333(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, ‘Dadra and Nagar Haveli Building and Other Construction Workers Welfare Board (PAN: AAALT2225N)’, a Board constituted by UT Administration of Dadra and Nagar Haveli, in respect of the following specified income arising to the said Board, as follows:
(a) Cess collected under the Building And Other Construction Workers’ Welfare Cess Act, 1996 (28 of 1996) (b) Registration fees under the Buildings And Other Construction Workers’ (Regulation of Employment And Conditions of Service) Act, 1996 (27 of 1996); and (c) Interest earned on bank deposits.
- This notification shall be effective subject to the conditions that Dadra and Nagar Haveli Building and other Construction Workers Welfare Board –
(a) shall not engage in any commercial activity; (b) activities and the nature of the specified income shall remain unchanged throughout the financial years; and (c) 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.
2.1 Failure to comply with these conditions may result in the initiation of penal actions under the provisions of the Income-tax Act, 1961 and withdrawal of the exemption granted u/s 10(46) of the Act.
- This notification shall be deemed to have been applied for assessment years 2019-2020, to 2023-2024 relevant for the financial years F.Ys. 2018-19 to 2022-23.
[Notification No. 12/2026/F. No. 300196/52/2019-ITA-I] HARDEV SINGH, Under Secy.
Explanatory Memorandum
It is certified that no person is being adversely affected by giving retrospective effect [from the year of its application made before the CBDT/ Income-tax Department] to this notification.
Source details
- Source
- Central Board of Direct Taxes / Income Tax Department
- Type
- notification
- Published by source
- 21 Jan 2026
- Document number
- 12/2026/F. No. 300196/52/2019-ITA-I
- Issuing division
- Central Board of Direct Taxes
- Coverage area
- direct-tax