Tax exemption notification for Improvement Trust, Sangrur applies subject to continued statutory constitution and specified purposes. Tax exemption is notified for Improvement Trust, Sangrur under clause (46A) of section 10 of the Income-tax Act, 1961. The notification applies from assessment year 2025-26, subject to the trust continuing under the Punjab Town Improvement Act, 1922 and retaining one or more of the purposes specified in sub-clause (a) of clause (46A). The explanatory memorandum states that retrospective effect is certified as not adversely affecting any person.