CBDT Notifies ‘Delhi Building and Other Construction Workers Welfare Board’ for Sec. 10(46) Exemption
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- Last Updated on 10 March, 2025
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Notification no. 18 /2025, dated 06-03-2025
The Central Board of Direct Taxes (CBDT) has notified ‘Delhi Building and Other Construction Workers Welfare Board’, for the purposes of clause (46) of section 10 of the Income-tax Act, 1961.
The exemption is available for the following incomes:
a) Cess received.
b) Registration & Renewal fee received/collected from the Building and other Construction Workers; and
c) Interest on bank deposits.
This notification shall be effective subject to the following conditions:
a) The Board 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) The Board shall file a return of income.
Click Here To Read The Full Notification
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