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Date: 06-Mar-2025 Category: Extra Ordinary State: Union Government Country: India

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

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

What it means

  • The notification grants income tax exemption to the ‘Delhi Building and Other Construction Workers Welfare Board’ on specific income sources.
  • This exemption is under Section 10(46) of the Income-tax Act, 1961.
  • The exemption applies retrospectively to assessment years 2012-13, 2013-14 and 2014-15 (relevant to financial years 2011-12, 2012-13 and 2013-14).

Key Changes

  • The ‘Delhi Building and Other Construction Workers Welfare Board’ is exempt from income tax on:
  • Cess received.
  • Registration and renewal fees received/collected from building and other construction workers.
  • Interest on bank deposits.
  • The exemption is conditional upon the board not engaging in any commercial activity.
  • The activities and nature of specified income should remain unchanged throughout the financial years.
  • The board must file income tax returns as per Section 139(4C)(g) of the Income-tax Act, 1961.
  • The notification is effective from assessment year 2012-13.

Impact Analysis

Stakeholders

  • Central Board of Direct Taxes (CBDT): Responsible for implementing and monitoring compliance with the conditions of the notification.

Suggested Action Items

  • CBDT: Update relevant IT systems and processes to reflect the tax exemption granted to the Board.

Key Entities Referenced

Delhi Building and Other Construction Workers Welfare Board: A board established by the Government of National Capital Territory of Delhi (PAN: AAAJT1846R) for the welfare of building and other construction workers. Income-tax Act, 1961: The principal legislation governing income tax in India. Section 10(46) provides for exemption of income of certain bodies or authorities. Central Board of Direct Taxes (CBDT): A part of the Department of Revenue in the Ministry of Finance, responsible for the administration of direct taxes.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-07032025-261487 CG-DxLx-xEG-I0D7H0x3x2x0 25-261487 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 1091] नई दिल्ली, बहृ स्ट्प जतिार, माच ड6, 2025/फाल्ग नु 15, 1946 No. 1091] NEW DELHI, THURSDAY, MARCH 6, 2025/PHALGUNA 15, 1946 जित्त मत्रं ालय रािस्ट्ि जिभाग (केन्द्रीय प्रत्यक्ष कर बोडड) अजधसचू ना नई दिल्ली, 6 माचड, 2025 का.आ. 1099(अ).—आयकर अजधजनयम, 1961 (1961 का 43) की धारा 10 के खंड (46) द्वारा प्रित्त िजियों का प्रयोग करते हुए, केंर सरकार उि खंड के प्रयोिनों के जलए, ‘दिल्ली भिन एिं अन्द्य जनमाडण श्रजमक कल्याण बोड’ड (पैन: AAAJT1846R) राष्ट्रीय रािधानी क्षत्रे दिल्ली सरकार द्वारा गठित एक बोडड को, उस बोडड को होने िाली जनम्नजलजखत जिजनर्िष्टड आय के संबंध म ेंअजधसूजचत करती ह,ै अर्ाडत्:— (क) प्राप्त उपकर; (ख) भिन एिं अन्द्य जनमाडण श्रजमकों स ेप्राप्त/एकजत्रत पिं ीकरण एि ंनिीनीकरण िुल्क; और (ग) बैंक िमा पर ब्याि। 2. यह अजधसूचना इन ितों के अधीन प्रभािी होगी दक ‘दिल्ली भिन एि ंअन्द्य जनमाणड श्रजमक कल्याण बोड’ड – (क) दकसी व्यािसाजयक कायकड लाप म ेंजलप्त नहीं होगा; 1595 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] (ख) जित्तीय िर्षों के िौरान कायडकलाप तर्ा जिजनर्िष्टड आय की प्रकृजत अपठरिर्तडत रहगें ी; और (ग) आयकर अजधजनयम 1961, की धारा 139 की उप-धारा(4ग) के खंड(छ) के प्रािधानों के अनसु ार आयकर जििरणी िाजखल करेगा। 3. यह अजधसूचना जित्तीय िर्षों 2011-12, 2012-13 एि ं 2013-14 स े संगत जनधाडरण िर्षों 2012-13, 2013- 14 एि ं 2014-15 के जलए लागू मानी िाएगी। [अजधसूचना स.ं 18 /2025 फा. स.ं 196/46/2012-आईटीए-I] अश् िनी कुमार, अिर सजचि स्ट्पष्टीकरण ज्ञापन यह प्रमाजणत दकया िाता ह ै दक इस अजधसूचना को भूतलक्षी प्रभाि िने े से दकसी भी व्यजि पर प्रजतकूल प्रभाि नहीं पड़ रहा ह।ै MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 6th March, 2025 S.O. 1099(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, ‘The Delhi Building and Other Construction Workers Welfare Board’ (PAN: AAAJT1846R), a Board established by Government of National Capital Territory of Delhi, in respect of the following specified income arising to that Board, namely:— (a) Cess received; (b) Registration & Renewal fee received/collected from the Building and other Construction Workers; and (c) Interest on bank deposits. 2. This notification shall be effective subject to the conditions that The Delhi Building and Other Contraction 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. 3. This notification shall be deemed to have been applied for the assessment years 2012-13, 2013-14 and 2014- 15 relevant to the financial years 2011-12, 2012-13 and 2013-14. [Notification No. 18 /2025 F. No. 196/46/2012-ITA-I] ASHWANI KUMAR, Under 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.

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