Odisha Joint Entrance Examination Committee Gets Tax Exemption under Schedule III of the Income-tax Act, 2025

Last updated: 05 August 2026

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The Central Government has granted the Odisha Joint Entrance Examination Committee a tax exemption under Schedule III of the Income-tax Act, 2025. This exemption applies to income from examination fees, counselling and application processing, and interest on bank deposits. The exemption is effective from the tax years 2026-27 to 2029-30, provided the committee adheres to specific conditions, including not engaging in commercial activities and maintaining the nature of its specified income.

MINISTRY OF FINANCE
(Department Of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 4th August, 2026.

S.O. 4322(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, ‘Odisha Joint Entrance Examination Committee” (PAN: AAAGO0158G),a body established by the Government of Odisha, in respect of the following specified income arising to the said body, namely: -
(a) Examination fees collected from candidates;
(b) Counselling and application processing fees; and
(c) Interest on bank deposits.

2. This notification shall be effective subject to the conditions that Odisha Joint Entrance Examination Committee –
(a) shall not engage in any commercial activity;
(b) shall file return of income in accordance with the provision of 263(9)(c)(xiii) of the said Act, 2025;
and
(c) its activities and the nature of the specified income shall remain unchanged throughout the tax years.

3. Failure to comply with the conditions specified in paragraph 2 shall result in withdrawal of exemption under Schedule III [Table: Sl. No. 36] read with section 11 and initiation of proceedings under the said Act.
3. This notification shall be applicable for tax years 2026-27 to 2029-30.

[Notification No. 110 /2026/ F. No. 300196/39/2025-ITA-I]
HARDEV SINGH, Under Secy.

FAQ :

The Odisha Joint Entrance Examination Committee has been granted a tax exemption under Schedule III of the Income-tax Act, 2025.

The exemption covers examination fees collected from candidates, counselling and application processing fees, and interest on bank deposits.

The committee must not engage in any commercial activity, must file its return of income as per the Act, and its activities and income nature must remain unchanged throughout the tax years.

This notification is applicable for the tax years 2026-27 to 2029-30.

Failure to comply with the conditions will result in the withdrawal of the exemption and initiation of proceedings under the Income-tax Act.