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<h1>New Process for Tax Exemption Applications Under Section 10(46) for Government Entities Announced by Central Board of Direct Taxes</h1> The notification from the Central Board of Direct Taxes standardizes the process for filing applications under section 10(46) of the Income Tax Act, 1961. This section exempts specified income of entities like bodies, authorities, boards, trusts, or commissions, established by government acts, from tax if they benefit the public and are non-commercial. Applicants must submit applications with required enclosures to the relevant tax authority and send a copy to the Under Secretary of the Central Board of Direct Taxes. A detailed format for application submission is provided, covering aspects like applicant details, purpose, revenue streams, and prior tax registrations.