Tax exemption for urban planning authority notified under the Income-tax Act subject to continuing statutory purpose and eligibility. Tax exemption is extended to the Patiala Urban Planning And Development Authority (PDA) as an authority constituted under the Punjab Regional and Town Planning and Development Act, 1995, for the purposes of section 10(46A) of the Income-tax Act, 1961. The notification applies from assessment year 2024-25 and remains conditional on the authority continuing to function under the Punjab Regional and Town Planning and Development Act, 1995 with one or more of the purposes recognised under the statutory clause.