Granting Tax Exemption to Haryana State Board of Technical Education (HSBTE), Panchkula (PAN: AAAGT0008A) in respect of the specified Income under Section 10(46) of the Income-tax Act, 1961 and section 536(2)(a)/(b) of the Income-tax Act, 2025.
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Tax exemption for technical education board covers specified receipts, subject to non-commercial activity, unchanged income sources, and return filing.
Tax exemption is notified for the Haryana State Board of Technical Education, Panchkula, in respect of specified governmental receipts, educational fees, royalties and charges, donations, property-related income, securities sale proceeds, and bank-deposit interest. The exemption operates under section 10(46) of the repealed Income-tax Act, 1961, preserved through transitional provisions of the Income-tax Act, 2025. It requires absence of commercial activity, continuity in activities and specified income, and filing of the required income-tax return; non-compliance may result in penal action and withdrawal of exemption.