Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Government notifies urban development authority eligible for tax exemption under sub-clause (b) of clause (46A), s.10, effective AY 2024-25</h1> The Central Government notifies an urban development authority constituted under the Uttar Pradesh Urban Planning and Development Act, 1973 as eligible under sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961, granting tax exemption on specified income with effect from assessment year 2024-25. The notification is conditional on the authority continuing to meet the purposes set out in sub-clause (a) of clause (46A). The explanatory memorandum records that no person is adversely affected by giving retrospective effect to the notification.