Kerala Toddy Workers' Welfare Fund Board granted tax exemption under section 10(46) for assessment years 2022-23 to 2026-27

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....The Central Government issued Notification No. 65/2025 under section 10(46) of the Income Tax Act, 1961, granting tax exemption to the Kerala Toddy Workers' Welfare Fund Board. The specified exempt income includes sums received under the Kerala Toddy Workers' Welfare Fund Act 1969, member contributions, and interest on bank deposits. The exemption is conditional upon the Board refraining from commercial activities, maintaining unchanged activities and income nature, and filing returns under section 139(4C)(g). The notification applies retrospectively to assessment years 2022-23 through 2025-26 and prospectively to assessment year 2026-27, with certification that no person is adversely affected by the retrospective application.....