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<h1>Central Government exempts board's specified receipts under Section 10(46) of Income-tax Act for FY2025-26 to 2029-30</h1> The Central Government notifies that a board constituted by the Central Government is exempt under section 10(46) of the Income-tax Act, 1961, in respect of specified receipts: examination fees; affiliation fees; registration, sports, training and other academic receipts; receipts from board projects/programmes; interest on bank deposits/securities/loans/advances and income tax refunds; and interest earned on the foregoing categories. The exemption is subject to conditions: the board shall not engage in commercial activity, its activities and specified income must remain unchanged, and it must file returns as required by clause (g) of section 139(4C). Applicability: FY 2025-26 to 2029-30 (AYs 2026-27 to 2030-31).