MINISTRY OF FINANCE
(Department of Revenue)
CENTRAL BOARD OF DIRECT TAXES (CBDT)
Notification No. 109/2026
S.O. 4321(E)
Date: 4 August 2026
The Central Government has issued Notification No. 109/2026 under Section 10(46) of the Income-tax Act, 1961, read with the transitional provisions contained in **Section 536(2)(a) to (c) and (e) of the Income-tax Act, 2025.
Through this notification, the Government has notified the Odisha Joint Entrance Examination Committee (PAN: AAAGO0158G), a body established by the Government of Odisha, for exemption under Section 10(46) in respect of the following specified income:
- Examination fees collected from candidates.
- Counselling and application processing fees.
- Interest earned on bank deposits.
Conditions for Exemption
The exemption shall be available subject to the following conditions:
- The Committee shall not engage in any commercial activity.
- The nature of its activities and the specified income shall remain unchanged throughout the relevant financial years.
- The Committee shall file its return of income in accordance with the provisions of Section 139(4C)(g) of the Income-tax Act, 1961.
Non-Compliance
Failure to comply with the above conditions will result in:
- Initiation of penal proceedings under the Income-tax Act, 1961; and
- Withdrawal of the exemption granted under Section 10(46).
Applicability
This notification shall be deemed to apply from Assessment Year 2026–27, corresponding to Financial Year 2025–26.
Issued by:
Hardev Singh
Under Secretary, Central Board of Direct Taxes (CBDT)