Gorakhpur Industrial Development Authority tax exemption effective AY 2025-26 under section 10(46A), conditional on specified purposes. Gorakhpur Industrial Development Authority is notified as an authority for the purposes of clause (46A) of section 10 of the Income-tax Act, with tax exemption on specified income effective from assessment year 2025-26, subject to the condition that the assessee continues to be constituted under the State industrial area development enactment and to have one or more purposes specified in sub-clause (a) of clause (46A); the notification includes a certification that retrospective effect does not adversely affect any person.
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Gorakhpur Industrial Development Authority tax exemption effective AY 2025-26 under section 10(46A), conditional on specified purposes.
Gorakhpur Industrial Development Authority is notified as an authority for the purposes of clause (46A) of section 10 of the Income-tax Act, with tax exemption on specified income effective from assessment year 2025-26, subject to the condition that the assessee continues to be constituted under the State industrial area development enactment and to have one or more purposes specified in sub-clause (a) of clause (46A); the notification includes a certification that retrospective effect does not adversely affect any person.
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