**Executive Summary**
The Central Board of Direct Taxes (CBDT) issued notification S.O. 4048(E) on July 23, 2026, granting tax exemptions for specified incomes of the ‘Kerala Headload Workers Welfare Board, Kochi’. This notification is issued under the Income-tax Act, 2025, and is applicable for the tax years 2026-27, 2027-28, and 2028-29. Exemption status is contingent upon the Board's adherence to specific operational and filing requirements.
**Key Points / Main Content**
**Specified Exempt Incomes**
* Grants-in-aid and loans received from the Government.
* Levies collected under the Kerala Headload Workers Act, 1978, the 1981 Rules, and associated schemes.
* Registration fees collected from members registered as beneficiaries.
* Contributions from members and sums received as deposits or wages from employers under the Kerala Headload Workers (Regulation of Employment and Welfare) Scheme, 1983.
* Interest earned on loans and advances provided to Board staff and workers.
* All interest income derived from the aforementioned categories.
**Mandatory Conditions for Exemption**
* The Board must not engage in any commercial activity.
* The Board is required to file returns of income in accordance with Section 263(9)(c)(xiii) of the Income-tax Act, 2025.
* The nature of the Board's activities and its specified income must remain unchanged throughout the relevant tax years.
**Consequences of Non-Compliance**
* Failure to meet the specified conditions will result in the withdrawal of tax exemptions under Schedule III of the Act.
* The Central Government will initiate legal proceedings against the Board under the Income-tax Act, 2025, in the event of a breach.
**Impact Analysis**
**Stakeholder: Kerala Headload Workers Welfare Board, Kochi**
**Impact**
The Board is granted legal recognition for tax-exempt status on its primary revenue streams (levies, grants, and interest) for a period of three tax years.
**Action Required**
The Board must ensure it does not enter commercial ventures and must strictly follow the income tax filing protocols defined in Section 263 of the Act.
**Stakeholder: Employers and Registered Members**
**Impact**
Contributions, wages, and deposits paid to the Board under the 1978 Act and 1983 Scheme are processed through a tax-exempt entity.
**Action Required**
No direct action is required other than continued compliance with statutory contributions and deposits as defined by the Board's regulations.
**Stakeholder: Central Board of Direct Taxes (CBDT) / Income Tax Authorities**
**Impact**
Regulatory oversight is established to monitor the Board's financial activities and ensure they do not deviate from welfare purposes into commercial interests.
**Action Required**
Authorities must verify annual filings and monitor the Board’s activities to ensure they remain consistent with the conditions of the notification.
Key Entities Referenced
Kerala Headload Workers Welfare Board, Kochi: The primary entity notified by the Central Government to receive tax-related exemptions for specific sources of income.
Income-tax Act, 2025: The primary legislation under which the notification is issued, specifically citing Section 11 and Schedule III for notifying the Board's income.
Kerala Headload Workers Act, 1978: The state legislation governing the Board and under which various levies, contributions, and schemes are formulated.
Central Board of Direct Taxes: The regulatory body within the Ministry of Finance responsible for issuing this notification regarding income tax provisions.
Kerala Headload Workers (Regulation of Employment and Welfare) Scheme, 1983: A specific scheme formulated under the Kerala Headload Workers Act that governs the collection of deposits and wages relevant to the Board’s income.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-23072026-274741
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असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 3878] नई दिल्ली, बृहस्ट्प जतिार, िुलाई 23, 2026/श्रािण 1, 1948
No. 3878] NEW DELHI, THURSDAY, JULY 23, 2026/SHRAVAN 1, 1948
जित्त मत्रं ालय
(रािस्ट्ि जिभाग)
(केंद्रीय प्रत्यक्ष कर बोडड)
अजधसचू ना
नई दिल्ली, 23 िुलाई, 2026
का.आ. 4048(अ).— केंद्र सरकार आयकर अजधजनयम, 2025 (2025 का 30) की धारा 11 के साथ पठित
अनुसूची III [ताजलका: क्रम संख्या 36] (एतजममन पश्चात उक्त अजधजनयम स ेसंिर्भडत), के तहत प्रित्त िजक्तयों का प्रयोग करत े
हुए, एतद्द्वारा, “केरल हडे लोड िकडसड िेलफेयर बोड,ड कोजि” (पनै AAAJK1176F), िो दक केरल राज्य सरकार द्वारा गठित
एक बोडड को, उक्त खडं के प्रयोिनों के जलए उक्त बोडड को होन े िाली जनम्नजलजखत जनर्िडष्ट आय के संबंध म ें अजधसूजचत करती
ह,ै यथा:-
(क) सरकार स े सहायता अनुिान और ऋण के रूप म ेंप्राप्त राजि;
(ख) केरल हडे लोड िकडसड एक्ट, 1978 (1980 का 20), केरल हडे लोड िकडसड जनयम 1981 और इनके अंतगडत
चल रही योिनाओं के तहत िसलू की गई लेिी;
(ग) लाभार्थडयों के रूप म ेंबोडड म ेंपिं ीकृत सिस्ट्यों स े एकत्र की दकया गया पंिीकरण िुल्क;
5616 GI/2026 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
(घ) केरल हडे लोड िकडसड एक्ट, 1978 (1980 का 20) की धारा 13 के तहत तैयार की गई केरल हडे लोड
िकडसड (रोिगार और कल्याण का जिजनयमन) योिना 1983 के पैरा 27 के अनुसार जनयोक्ताओं स े िमा
के रूप म ें प्राप्त राजि;
(ङ) केरल हडे लोड िकडसड अजधजनयम, 1978 (1980 का 20), केरल हडे लोड िकडसड जनयम 1981 और उसके
तहत चलन े िाली योिना म ेंयथा पठरभाजित सिस्ट्यों स े योगिान;
(च) बोडड के कमडचाठरयों और श्रजमकों को दिए गए ऋण और अजिमों पर ब्याि;
(छ) केरल हडे लोड िकडसड एक्ट, 1978 (1980 का 20) की धारा 13 के तहत जनर्मडत केरल हडे लोड िकडसड
(रोिगार और कल्याण का जिजनयमन) योिना 1983 के परै ा 24 (क) और 24 (ख) के अनुसार
जनयोक्ताओं स े मििरू ी के रूप म ें प्राप्त राजि;
(ि) तथाउपरोक्त (क) स े(छ) पर अर्िडत ब्याि।
2. यह अजधसूचना इन ितों के अधीन प्रभािी होगी दक 'केरल हडे लोड िकडसड िले फेयर बोड,ड कोजि' (पैन AAAJK1176F)–
(क) दकसी भी व्यािसाजयक गजतजिजध म ें सलं ग्न नहीं होगा;
(ख) उक्त अजधजनयम, 2025 की धारा 263 की उप-धारा (9) के खडं (ग)(xiii) के प्रािधान के अनसु ार आय की जििरणी
िाजखल करेगा; तथा
(ग) की गजतजिजधयां और जनर्िष्टड आय की प्रकृजत परू े कर ििों म ेंअपठरिर्तडत रहगे ी।
3. पैरािाफ 2 म ेंजनर्िडष्ट ितों का पालन करन े म ेंजिफलता की जस्ट्थजत म ेंधारा 11 के साथ पठित अनुसूची III [ताजलका: क्रम
संख्या 36] के तहत िी गई छूट िापस ले ली िाएगी और उक्त अजधजनयम के तहत िाि की कायडिाही भी िुरू की िाएगी।
4. यह अजधसूचना कर ििड 2026-27, 2027-28 और 2028-29 के जलए लाग ू होगी।
[अजधसूचना स.ं 96/2026/फा. सं. 300196/78/2024-आईटीए-I]
हरिेि ससंह, अिर सजचि[भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 3
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 23rd July, 2026
S.O. 4048(E).— In exercise of the powers conferred by Schedule III [Table: Sl. No. 36] read with Section 11
of the Income-tax Act, 2025 (30 of 2025), (hereinafter referred to as the said Act), the Central Government hereby
notifies for the purposes of the said clause, ‘Kerala Headload Workers Welfare Board, Kochi’,(PAN AAAJK1176F), a
Board constituted by the State Government of Kerala, in respect of the following specified income arising to the said
board namely:-
(a) Amount received in the form of grants-in-aid and loan from Government;
(b) Levy collected under the Kerala Headload Workers Act, 1978 (20 of 1980), Kerala Headload Workers rules
1981 and schemes there under;
(c) Registration fees collected from members registered with the board as beneficiaries;
(d) Sums received as deposit from employers as per Para 27 of Kerala Headload Workers (regulation of
employment and welfare) Scheme 1983 formulated under section 13 of the Kerala Headload Workers Act,
1978 (20 of 1980);
(e) Contribution from the members as defined in the Kerala Headload Workers Act, 1978 (20 of 1980), Kerala
Headload Workers Rules 1981 and Scheme there under;
(f) Interest on loans and advances given to staff of the board and workers;
(g) Sums received as wages from employers as per Para 24(a) and 24(b) of Kerala Headload Workers
(Regulation of employment and welfare) Scheme 1983 formulated under section 13 of the Kerala Headload
Workers Act, 1978 (20 of 1980); and
(h) Interest earned on (a) to (g) above.
2. This notification shall be effective subject to the conditions that 'Kerala Headload Workers Welfare Board,
Kochi’, (PAN AAAJK1176F) –
(a) shall not engage in any commercial activity;
(b) shall file return of income in accordance with the provision of clause (c)(xiii) of sub-section (9) of section 263
of the said Act, 2025; and
(c) its activities and the nature of the specified income shall remain unchanged throughout the tax years.
3. Failure to comply with the conditions specified in paragraph 2 shall result in withdrawal of exemption under
Schedule III [Table: Sl. No. 36] read with section 11 and initiation of proceedings under the said Act.
4. This notification shall be applicable for tax years 2026-27, 2027-28 and 2028-29.
[Notification No. 96/2026/F. No.300196/78/2024-ITA-I]
HARDEV SINGH, Under Secy.
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.