Ministry of Finance Department of Revenue Central Board of Direct Taxes

Notification u/s 10(46) of the Income Tax Act, 1961 in the case of Haryana Building and Other Construction Workers Welfare Board, Panchkula

Issue Date: 07 November 2025 Published: 07 November 2025

Gazette ID: CG-DL-E-07112025-267460 Download PDF

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Core Purpose

The Central Government notifies specific income of the 'Haryana Building and Other Construction Workers Welfare Board', Panchkula, for exemption under clause (46) of section 10 of the Income-tax Act, 1961.

Detailed Summary

The Central Government, through the Ministry of Finance (Department of Revenue, Central Board of Direct Taxes), issued Notification S.O. 5060(E) on November 7, 2025, in exercise of powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961). This notification specifies certain income of the 'Haryana Building and Other Construction Workers Welfare Board', Panchkula (PAN: AAATH6995H), a Board constituted by the State Government of Haryana, for exemption. The specified income includes registration fees and yearly subscriptions collected from construction workers registered as beneficiaries, proceeds of the cess collected under the Building and Other Construction Workers Welfare Cess Act, 1996 (28 of 1996) and its rules, and interest income received on bank deposits. The exemption is conditional upon the Board not engaging in any commercial activity, maintaining unchanged activities and nature of specified income throughout the financial years, and filing income tax returns in accordance with clause (g) of sub-section (4C) of section 139 of the Income-tax Act, 1961. This notification is applicable from financial years 2025-26 to 2029-30, relevant to assessment years 2026-27 to 2030-31. An explanatory memorandum certifies that no person is adversely affected by giving retrospective effect to this notification. The notification reference is No. 158 /2025/F. No. 300196/38/2025-ITA-I.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-07112025-267460 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 4905] NEW DELHI, FRIDAY, NOVEMBER 7, 2025/KARTIKA 16, 1947 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 7th November, 2025 S.O. 5060(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 Building and Other Construction Workers Welfare Board', Panchkula, (PAN: AAATH6995H) a Board constituted by the State Government of Haryana, in respect of the following specified income arising to that Board, namely:- (a) Registration fees and yearly subscription collected from construction workers registered with the Haryana Building and Other Construction Workers Welfare Board as beneficiaries. (b) Proceeds of the cess collected under the Building and Other Construction Workers Welfare Cess Act, 1996 (28 of 1996) and rules thereunder; and (c) Interest Income received on bank deposits. 2. This notification shall be effective subject to the conditions that 'Haryana Building and Other Construction Workers Welfare Board', 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. 3. This notification shall be applicable from financial years 2025-26 to 2029-30 relevant to assessment years 2026-27 to 2030-31. [Notification No. 158 /2025/F. No. 300196/38/2025-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. RAVINDER KUMAR Digitally signed by RAVINDER KUMAR Date: 2025.11.07 20:13:43 +05'30'

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