Exemption under section 10(46) for notified educational board's specified income, subject to non-commercial and filing conditions. Notification under clause (46) of section 10 of the Income-tax Act exempts specified income of the notified educational board, namely state grants, fees/charges under its Act, receipts from sale of books and educational material, and interest on bank deposits, subject to conditions: no commercial activity, unchanged activities and income during the year, and filing return as per clause (g) of sub-section (4C) of section 139; the notification is deemed to apply to assessment years 2020-2021 to 2023-2024.