Tax Exemption on Specified Income of 'Ayodhya Vikas Pradhikaran (Ayodhya Development Authority)' U/s 10(46A) of Income-tax Act, 1961 - 159/2025 - Income Tax Act, 1961
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Tax exemption for specified income of Ayodhya Development Authority notified, conditioned on continued status under the state urban planning law. Notification grants tax exemption for specified income of Ayodhya Vikas Pradhikaran by invoking sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961, identifying the authority under the Uttar Pradesh Urban Planning and Development Act, 1973, and making the exemption effective from the assessment year 2024-25 subject to the condition that the authority continues to exist under the state statute and serve one or more purposes set out in sub-clause (a) of clause (46A).
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tax exemption for specified income of Ayodhya Development Authority notified, conditioned on continued status under the state urban planning law.
Notification grants tax exemption for specified income of Ayodhya Vikas Pradhikaran by invoking sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961, identifying the authority under the Uttar Pradesh Urban Planning and Development Act, 1973, and making the exemption effective from the assessment year 2024-25 subject to the condition that the authority continues to exist under the state statute and serve one or more purposes set out in sub-clause (a) of clause (46A).
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