Income Tax Exemption for Himachal Pradesh Board of School Education · S.O. 2689(E)
CBDT notification S.O. 2689(E) · 16 Jun 2025
Official title
notification no. 59/2025 f. no. 300196/06/2019 ita i /so 2689 e
Official record
Open source pageSummary
Check the official recordWhat changed
The Central Government notifies the Himachal Pradesh Board of School Education for income tax exemption under section 10 clause 46 of the Income-tax Act 1961. This exemption applies to specific income including state government grants, fees, book sales, and bank interest. The Board must not perform commercial activities. The Board must maintain the nature of its activities and income throughout the financial year. The Board must file a return of income under section 139 sub-section 4C clause g. This notification applies to assessment years 2020-2021 through 2023-2024.
What you must do
- The Board must file a return of income.
Key dates
- Notification date
- Not dated
- Applicable assessment years
- Not dated
Document text
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 16th June, 2025
S.O. 2689(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, ‘Himachal Pradesh Board of School Education’, Dharamshala (PAN: AAAJH0373H), a Board established under Himachal Pradesh Board of School Education Act, 1968, in respect of the following specified income arising to that Board, namely:
- a) Grants/advances/receipts received from State Government of Himachal Pradesh.
- b) Fees/charges (by whatever name called) levied/received as per Himachal Pradesh Board of School Education Act, 1968
- c) Receipt/income from sale of books and other educational material
- d) Interest on bank deposits.
- This notification shall be effective subject to the conditions that ‘Himachal Pradesh Board of School Education’, Dharamshala -
- (a) shall not engage in any commercial activity;
- (b) activities and the nature of the specified income shall remain unchanged throughout the financial year; 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 been applied for assessment years 2020-2021 to 2023-2024 relevant for the financial years 2019-2020 to 2022-2023 respectively.
[Notification No. 59 /2025 /F. No. 300196/06/2019-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
- 16 Jun 2025
- Document number
- S.O. 2689(E)
- Issuing division
- Central Board of Direct Taxes
- Coverage area
- direct-tax