Income Tax Exemption for Haryana State Board of Technical Education · 163/2025/F. No. 300196/76/2024-ITA-I
CBDT notification 163/2025/F. No. 300196/76/2024-ITA-I · 26 Nov 2025
Official title
notification no. 163/2025 f. no. 300196/76/2024 ita i / so 5442 e
Official record
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Check the official recordWhat changed
The Central Government notifies the Haryana State Board of Technical Education as an exempt entity under section 10(46) of the Income-tax Act, 1961. This exemption applies to specified income including government grants, various fees, royalties, donations, property income, and bank interest. The Board must not engage in commercial activity. The Board must keep its activities and the nature of its specified income unchanged. The Board must file a return of income under section 139(4C)(g). This notification applies to the Assessment Year 2025-2026 and the Assessment Years 2026-27 to 2029-30.
What you must do
- The Board must file a return of income.
Key dates
- Applicable Assessment Years
- Not dated
Who is affected
Document text
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 26th November, 2025
S.O. 5442(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, ‘Haryana State Board of Technical Education (HSBTE), Panchkula’ (PAN: AAAGT0008A), a Board constituted by Government of Haryana, in respect of the following specified income arising to the said Board, as follows:
- (a) Grants, Assignments and Contributions received from the Central Government and the State Government of Haryana.
- (b) Fees, such as Affiliation Fees, Examination Fees, Migration Fees, Transcription Fees, etc.
- (c) Royalties and charges including penalties.
- (d) Bequests, donations and endowments or other contributions.
- (e) Sale proceeds of any securities and Rents & profits from property vested in HSBTE.
- (f) Interest earned on bank deposits.
- This notification shall be effective subject to the conditions that Haryana State Board of Technical Education, Panchkula –
- (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.
- This notification shall be deemed to have applied for Assessment Year 2025-2026 relevant to Financial Year 2024-25 and applicable for Assessment Years 2026-27 to 2029-30 relevant to Financial Years 2025-2026 to 2028-2029.
[Notification No. 163/2025/F. No. 300196/76/2024-ITA-I] MEENAKSHI SINGH, Dy. Secy.
Explanatory Memorandum It is certified that no person is being adversely affected by giving retrospective effect to this notification.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.
Source details
- Source
- Central Board of Direct Taxes / Income Tax Department
- Type
- notification
- Published by source
- 26 Nov 2025
- Document number
- 163/2025/F. No. 300196/76/2024-ITA-I
- Issuing division
- Central Board of Direct Taxes
- Coverage area
- direct-tax