CBDT Grants Tax Exemption to Kerala Headload Workers Welfare Board

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)

NOTIFICATION

New Delhi, the 23rd July, 2026

S.O. 4048(E).— In exercise of the powers conferred by Schedule III [Table: Sl. No. 36] read with Section 11 of the Income-tax Act, 2025 (30 of 2025), hereinafter referred to as the said Act, the Central Government hereby notifies, for the purposes of the said clause, “Kerala Headload Workers Welfare Board, Kochi” (PAN: AAAJK1176F), a Board constituted by the State Government of Kerala, in respect of the following specified income arising to the said Board, namely:

(a) Amount received in the form of grants-in-aid and loans from the Government;

(b) Levy collected under the Kerala Headload Workers Act, 1978 (20 of 1980), the Kerala Headload Workers Rules, 1981, and schemes framed thereunder;

(c) Registration fees collected from members registered with the Board as beneficiaries;

(d) Sums received as deposits from employers under Paragraph 27 of the Kerala Headload Workers (Regulation of Employment and Welfare) Scheme, 1983, formulated under Section 13 of the Kerala Headload Workers Act, 1978 (20 of 1980);

(e) Contributions received from members as defined under the Kerala Headload Workers Act, 1978 (20 of 1980), the Kerala Headload Workers Rules, 1981, and schemes framed thereunder;

(f) Interest on loans and advances granted to the staff of the Board and workers;

(g) Sums received as wages from employers under Paragraphs 24(a) and 24(b) of the Kerala Headload Workers (Regulation of Employment and Welfare) Scheme, 1983, formulated under Section 13 of the Kerala Headload Workers Act, 1978 (20 of 1980); and

(h) Interest earned on the amounts specified in clauses (a) to (g) above.

2. Conditions

This notification shall be effective subject to the conditions that the Kerala Headload Workers Welfare Board, Kochi (PAN: AAAJK1176F):

(a) shall not engage in any commercial activity;

(b) shall file its return of income in accordance with the provisions of clause (c)(xiii) of sub-section (9) of Section 263 of the Income-tax Act, 2025; and

(c) its activities and the nature of the specified income shall remain unchanged throughout the tax years.

3. Withdrawal of Exemption

Failure to comply with the conditions specified in Paragraph 2 shall result in the withdrawal of the exemption available under Schedule III [Table: Sl. No. 36] read with Section 11 and the initiation of proceedings under the Income-tax Act, 2025.

4. Applicability

This notification shall be applicable for the tax years:

• 2026–27
• 2027–28
• 2028–29

[Notification No. 96/2026/F. No. 300196/78/2024-ITA-I]

HARDEV SINGH
Under Secretary

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