**Executive Summary**
This notification, issued by the Ministry of Finance on January 14, 2026, grants income tax exemptions under Section 10 of the Income-tax Act, 1961 to the "West Bengal Building and Other Construction Workers Welfare Board" (PAN AAALW0061D). The notification is effective subject to certain conditions and applies retrospectively from assessment year 2022-23.
**Key Points / Main Content**
* **Exemption Scope:**
* Applies to the “West Bengal Building and Other Construction Workers Welfare Board”.
* Exempts specified income of the Board arising from:
* Cess collected under the Building and Other Construction Workers Welfare Cess Act, 1996.
* Registration fees and yearly subscription collected from construction workers registered with the Board as beneficiaries.
* Amounts received as grants-in-aid and loans from the Government.
* Interest income received from investment.
* **Conditions for Exemption:**
* The Board must not engage in any commercial activity.
* The activities and the nature of the specified income must remain unchanged throughout the financial years.
* The Board must file its return of income in accordance with the Income-tax Act, 1961 [clause (g) of sub-section (4C) of section 139].
* Failure to comply may result in penal actions and withdrawal of the exemption.
* **Applicability:**
* This notification is deemed to have been applied for assessment years 2022-23, 2023-24, 2024-25, 2025-26 (relevant to financial years 2021-22, 2022-23, 2023-24, 2024-25) and is applicable for assessment years 2026-27 (relevant to financial years 2025-26).
**Impact Analysis**
**West Bengal Building and Other Construction Workers Welfare Board:**
* **Impact:** Exempts specified income from income tax, provided conditions are met.
* **Action Required:** Comply with all conditions outlined in the notification, including not engaging in commercial activities, ensuring the nature of income remains unchanged, and filing income tax returns as per the Income-tax Act, 1961.
**Central Board of Direct Taxes (CBDT):**
* **Impact:** Enforces the provisions of the notification.
* **Action Required:** Ensure monitoring and enforcement of the conditions specified in the notification to ensure the Board continues to meet the required compliance criteria.
Key Entities Referenced
Income-tax Act, 1961: The primary act referenced, specifically section 10 clause (46) and section 139 (4C)(g) which pertains to exemptions for certain incomes.
West Bengal Building and Other Construction Workers Welfare Board: A Board constituted by the Government of West Bengal, which is the recipient of the specified income exemption granted by the notification.
Building and Other Construction Workers Welfare Cess Act, 1996: Act under which cess is collected, forming a key component of the income being exempted.
Ministry of Finance: The issuing ministry, specifically the Department of Revenue and Central Board of Direct Taxes, responsible for the notification.
2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
(घ) जनिेि से प्राप्त ब्याि से होन े िाली आय।
2. यह अजधसूचना पजिम बगं ाल भिन एिं अन्द्य सजिमाडण श्रजमक कल्याण बोडड को इन ितों के साथ प्रभािी होगी–दक
(क) दकसी भी िाजणजययक गजतजिजध में संलग्न नहीं होगा;
(ख) गजतजिजधयां तथा जनधाडठरत आय की प्रकृजत परू े िष ड अपठरिर्ततड रहगे ी; और
(ग) आयकर अजधजनयम, 1961 की धारा 139 की उपधारा (4सी) के खंड (िी) के प्रािधान के अनसु ार आयकर
ठरटनड िाजखल करेगा।
इन ितों का अनुपालन न करन ेपर आयकर अजधजनयम, 1961 के प्रािधानों के अंतगडत िडं ात्मक कारडिाई िरूु की िा सकती
ह ैऔर अजधजनयम की धारा 10(46) के तहत िी गई छूट िापस ली िा सकती ह।ै
3. यह अजधसूचना जित्तीय िष ड 2021-22, 2022-23, 2023-24, 2024-25 से संबंजधत कर जनधाडरण िष ड 2022-23,
2023-24, 2025-26 के जलए लाग ू मानी िाएगी और जित्तीय िषड 2025-26 के जलए प्रासंजगक कर जनधाडरण िषों 2026-
27 के जलए लागू होगी।
[अजधसूचना स.ं 7 /2026/फा. सं. 300196/24/2025-आईटीए-I]
हरिेि लसंह, अिर सजचि
स्ट्पष्टीकरण ज्ञापन
यह प्रमाजणत दकया िाता ह ै दक इस अजधसूचना को पूिडव्यापी प्रभाि [सीबीडीटी/जिभाग के समक्ष आिेिन िाजखल करने के
िषड से] िने े स ेदकसी भी व्यजि पर प्रजतकूल प्रभाि नहीं पडगे ा।
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 14th January, 2026
S.O. 194(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, “West Bengal Building and
Other Construction Workers Welfare Board” (PAN AAALW0061D), a Board constituted by the Government of West
Bengal, in respect of the following specified income arising to the said Board, namely:-
(a) Cess collected under the Building and Other Construction Workers Welfare Cess Act, 1996
(28 of 1996) and the rules thereunder;
(b) registration fees and yearly subscription collected from construction workers registered with the
Board as beneficiaries;
(c) amount received in the form of grants-in-aid and loan from Government;
(d) Interest income received from investment.[भाग II—खण्ड 3(ii)] भारत का रािपत्र : असाधारण 3
2. This notification shall be effective subject to the conditions that West Bengal Building & Other Construction
Workers Welfare Board –
(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.
Failure to comply with these conditions may result in the initiation of penal actions under the provisions of the Income-
tax Act, 1961 and withdrawal of the exemption granted u/s 10(46) of the Act.
3. This notification shall be deemed to have been applied for assessment years 2022-23, 2023-24, 2024-25,
2025-26, relevant to financial years 2021-22, 2022-23, 2023-24, 2024-25, and shall be applicable for assessment years
2026-27 relevant to financial years 2025-26.
[Notification No. 7 /2026/F. No.300196/24/2025-ITA-I]
HARDEV SINGH, Under Secy.
Explanatory Memorandum
It is certified that no person is being adversely affected by giving retrospective effect (from the year of filing of
application before CBDT/Department) to this notification.
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and Published by the Controller of Publications, Delhi-110054.