Exemptions to Mysore Palace Board: The Mysore Palace Board, a Board established under the Mysore Palace (Acquisition and Transfer) Act, 1998, has been notified under section 10(46) for exemption on its income arising from Income from Palace or proceeds of any property vested in the Board, fees and charges, rent and interest on bank deposits. (Income Tax Notification 39/2025 Dated 23/04/2025)