AdvertisementNotification section 536 (1) of the Income Tax Act, 2025 (30 of 2025) in the case of Odisha Joint Entrance Examination CommitteeThe Central Board of Direct Taxes, through Notification No. 109/2026-Income Tax dated 4 August 2026, notified the Odisha Joint Entrance Examination Committee (PAN: AAAGO0158G), a body established by the Government of Odisha, for the purposes of Section 10(46) of the Income-tax Act, 1961, in pursuance of Section 536(2)(a) to (c) and (e) of the Income-tax Act, 2025. The notification covers specified income comprising examination fees collected from candidates, counselling and application processing fees, and interest earned on bank deposits. Failure to comply with these conditions will result in initiation of penal actions under the Income-tax Act, 1961, and withdrawal of the exemption under Section 10(46). This notification shall be deemed to have been applied for the assessment year 2026-27 relevant to the financial year 2025-26.