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<h1>Central Government Notifies Tax Exemptions for WB State Council of Science & Technology u/s 10(46) of IT Act.</h1> The Central Government, under section 10(46) of the Income-tax Act, 1961, has notified the 'West Bengal State Council of Science & Technology', a society formed by the Government of West Bengal, regarding specific income types. These include grants from governments, course fees from research fellows, sales of maps and patent reports, plant sales, and interest earned from these activities. The notification mandates that the society must not engage in commercial activities, maintain the nature of its income, and file income returns as required. This applies retrospectively for assessment years 2016-17 to 2018-19 and prospectively for 2019-20 and 2020-21.