Income Tax:
The CBDT has issued Notification No. 159/2025 dated 07.11.2025, granting income-tax exemption under Section 10(46) of the Income-tax Act, 1961 to the Uttarakhand Building and Other Construction Workers Welfare Board, Dehradun. The exemption applies to income from registration fees, cess proceeds, and interest income, subject to the condition that the Board shall not engage in commercial activities and shall file returns in accordance with Section 139(4C). The notification is applicable for FY 2025-26 to 2029-30 (AY 2026-27 to 2030-31).
[CBDT Notification No. 159/2025 dated 07.11.2025]
