Tax exemption for examination-related income applies subject to non-commercial activity, return filing, and unchanged operations and income.
Tax exemption is notified for the Odisha Joint Entrance Examination Committee in respect of examination fees, counselling and application-processing fees, and interest on bank deposits under Schedule III read with section 11 of the Income-tax Act, 2025. The exemption is conditional on the absence of commercial activity, prescribed income-tax return filing, and continuation of unchanged activities and specified income. Non-compliance results in withdrawal of the exemption and commencement of proceedings under the Act.

Tax exemption for entrance examination income applies subject to non-commercial activity, unchanged income sources, and return-filing compliance.
Tax exemption is granted to the Odisha Joint Entrance Examination Committee for examination fees, counselling and application-processing fees, and interest on bank deposits. The exemption is subject to the Committee not engaging in commercial activity, maintaining unchanged activities and specified income, and filing its income-tax return under the applicable provision of the 1961 Act. Failure to comply may result in penal action and withdrawal of the exemption.

Tax exemption for specified authority income applies subject to non-commercial activity, prescribed return filing, and unchanged income conditions.
Tax exemption is notified for the Noida Special Economic Zone Authority under Schedule III read with section 11 of the Income-tax Act, 2025, for specified receipts including lease rent, bank interest, fees, allotment and transfer charges, auction receipts, site-usage charges, and scrap-sale proceeds. Applicable for tax years 2026-27 and 2027-28, the exemption requires the Authority to avoid commercial activity, file its return in the prescribed manner, and maintain unchanged activities and specified income. Non-compliance leads to withdrawal of exemption and proceedings under the Act.

Specified income tax exemption for the Special Economic Zone Authority is conditional on non-commercial activity, unchanged income sources, and return filing.
Tax exemption is granted to the Noida Special Economic Zone Authority for specified income, including lease rent, bank interest, designated fees and charges, allotment and transfer receipts, site-usage charges, and scrap-sale proceeds. The exemption requires that the Authority undertake no commercial activity, retain the same activities and nature of specified income throughout the relevant financial years, and file its income-tax return as required. Breach of these conditions may result in penal action and withdrawal of exemption. The notification applies retrospectively to the stated relevant assessment years.

Specified income tax exemption for the special economic zone authority remains conditional on non-commercial activity and return filing.
Tax exemption for specified income of the Noida Special Economic Zone Authority is notified under section 10(46) of the Income-tax Act, 1961, preserved through the repeal and savings provisions of the Income-tax Act, 2025. Covered income includes lease rent, bank interest, allotment and transfer fees, plot or building auction receipts, building-plan related fees, site-usage charges, and scrap or waste sale proceeds. The exemption requires non-commercial activity, unchanged activities and income streams, and return filing; non-compliance may lead to penal action and withdrawal.

Tax exemption for legal services authority applies to specified income, subject to non-commercial activity, return filing, and continuity conditions.
Tax exemption under Schedule III read with section 11 of the Income-tax Act, 2025 is notified for the District Legal Services Authority, Charkhi Dadri in respect of specified grants, government grants or donations, court-ordered amounts, recruitment application fees and bank-deposit interest. The exemption for tax year 2026-27 requires that the authority undertake no commercial activity, file its income-tax return as prescribed, and keep its activities and specified-income nature unchanged. Non-compliance results in withdrawal of exemption and proceedings under the Act.

Tax exemption for legal services authority covers specified grants, court receipts, recruitment fees and deposit interest, subject to compliance conditions.
Tax exemption is notified for the District Legal Services Authority, Charkhi Dadri, for specified grants, government donations, court-ordered amounts, recruitment application fees and bank-deposit interest. The exemption operates under the saving provisions preserving application of the Income-tax Act, 1961 following its repeal. It requires the Authority to refrain from commercial activity, maintain unchanged activities and specified income, and file its income-tax return as required. Non-compliance may result in penal action and withdrawal of exemption.

Tax exemption for technical education board covers specified income, subject to non-commercial operations, unchanged activities, and return-filing compliance.
Tax exemption under section 10(46) of the Income-tax Act, 1961 is notified for Haryana State Board of Technical Education, Panchkula, in respect of government receipts, prescribed fees, royalties and charges, donations, property and securities income, and bank-deposit interest. Exemption requires that the Board not undertake commercial activity, that its activities and specified income remain unchanged, and that it file the required income return. Non-compliance may result in penal action and withdrawal of exemption. The notification is deemed applicable from assessment year 2024-25.

Tax exemption for regulatory authority income applies subject to non-commercial activity, return filing, and unchanged specified income.
Tax exemption is notified for the Kerala Real Estate Regulatory Authority under Schedule III read with section 11 of the Income-tax Act, 2025, covering registration fees, fees for compensation claims and complaints, and government grants. The exemption for the tax year 2026-27 requires that the Authority not undertake commercial activity, file its return of income as required, and maintain unchanged activities and specified income. Non-compliance results in withdrawal of exemption and initiation of proceedings under the Act.

Specified income tax exemption for a real estate regulator depends on non-commercial activity, unchanged income sources, and return compliance.
Tax exemption is notified for specified income of the Kerala Real Estate Regulatory Authority, comprising registration fees for projects, agents and plots, fees for compensation claims and complaints, and government grants. The Authority must not engage in commercial activity, must maintain unchanged activities and specified income, and must comply with the applicable income-tax return-filing requirement. Non-compliance may attract penal action and withdrawal of the exemption. The notification operates retrospectively for the stated assessment years under the transitional framework preserving application of the repealed Income-tax Act, 1961.

Tax exemption for regulatory authority income applies subject to non-commercial activity, unchanged income sources, and prescribed return filing compliance.
Tax exemption is notified for the specified income of the Fees Regulating Authority under the repealed Income-tax Act, 1961, preserved through transitional provisions of the Income-tax Act, 2025. Exempt income includes institutional processing fees, interest, penalties and charges, government reimbursements and grants, and interest from deposits and investments. The Authority must not engage in commercial activity, must keep its activities and income nature unchanged, and must file the prescribed income-tax return. Non-compliance may attract penal action and withdrawal of exemption.

Specified income exemption for a real estate regulatory authority depends on non-commercial activity, return filing, and unchanged income sources.
Specified income exemption is notified for the Chhattisgarh Real Estate Regulatory Authority under Schedule III read with section 11 of the Income-tax Act, 2025. Eligible income includes government grants, loans or advances, regulatory fees and penalties, and interest earned on such receipts. The exemption is conditional on no commercial activity, required income-tax return filing, and continuity of the Authority's activities and specified income. Non-compliance results in withdrawal of the exemption and initiation of proceedings.

Tax exemption for regulatory authority income applies subject to non-commercial activity, unchanged income character, and tax return compliance.
Tax exemption is granted to the Chhattisgarh Real Estate Regulatory Authority for government grants, loans or advances, regulatory fees and penalties, and interest earned on those receipts. The exemption operates under the transitional framework preserving the application of the repealed Income-tax Act, 1961. It is conditional on the Authority not engaging in commercial activity, retaining the same activities and nature of specified income, and filing its income-tax return under the applicable provision. Non-compliance may result in penal action and withdrawal of exemption.

Block assessment returns now require Form ITR-BN for search and requisition cases, reporting undisclosed income, tax payments and credits.
Appendix IV introduces Form ITR-BN for block-period returns in search-and-seizure cases applying to searches initiated or requisitions made from 1 April 2026. The form requires taxpayer, search, block-period and prior-return details; computation and head-wise and item-wise disclosure of undisclosed income; tax, interest and payment-credit particulars; and verification. It distinguishes block periods according to the timing of execution of the last authorisation, requires provisional details in specified unexpired return-filing cases, and excludes part-year undisclosed income relating to international or specified domestic transactions where assessable outside block assessment.

Tax exemption for specified welfare-board income depends on non-commercial activities, prescribed return filing, and continuity of qualifying income.
Tax exemption under Schedule III read with section 11 of the Income-tax Act, 2025 applies to specified income of the Kerala Headload Workers Welfare Board, Kochi, including government grants and loans, statutory levies, registration fees, employer deposits, member contributions, specified wages, and related interest. The Board must not undertake commercial activity, must file its income-tax return as prescribed, and must maintain unchanged activities and specified income. Non-compliance leads to withdrawal of exemption and proceedings under the Act.

Specified income tax exemption protects welfare board receipts subject to non-commercial operations, unchanged income character, and return-filing compliance.
Tax exemption is granted to the Kerala Headload Workers Welfare Board, Kochi, for specified income under Section 10(46) of the repealed Income-tax Act, 1961, pursuant to the saving and transitional provisions of the Income-tax Act, 2025. Exempt income includes government grants and loans, statutory levies, registration fees, employer deposits, member contributions, specified wages, and related interest. The Board must not undertake commercial activity, must retain the same activities and income character, and must file the prescribed income-tax return. Non-compliance may result in penal action and withdrawal of exemption.

Permanent Account Number exemption rules redefine specified funds to include regulated alternative investment funds and eligible Schedule VI funds.
The definition of "specified fund" for Permanent Account Number exemption rules is substituted. It covers Indian entities registered as Category I or Category II Alternative Investment Funds and regulated under applicable alternative investment fund regulations, including eligible funds located in an International Financial Services Centre under fund-management regulations. Funds referred to in Schedule VI to the Income-tax Act, 2025 are also included. The amendment takes effect upon publication in the Official Gazette.

Tax exemption for specified legal services income depends on non-commercial activity, prescribed return filing, and unchanged income nature.
Tax exemption under section 11 of the Income-tax Act, 2025, read with Schedule III, applies to specified grants, government donations, court-ordered amounts, recruitment application fees and bank-deposit interest of the District Legal Service Authority, Jind, for the tax year 2026-27. The Authority must not engage in commercial activity, must file its income-tax return as prescribed, and must maintain unchanged activities and the nature of specified income. Non-compliance leads to withdrawal of exemption and initiation of proceedings under the Act.

Specified income tax exemption protects legal services authority grants, court receipts, application fees and deposit interest subject to compliance conditions.
Tax exemption under section 10(46) of the Income-tax Act, 1961 is notified for specified income of District Legal Service Authority, Jind, including statutory-purpose grants and donations, court-ordered amounts, recruitment application fees, and bank-deposit interest. The exemption requires the authority to refrain from commercial activity, keep its activities and specified income unchanged, and file its income-tax return as required. Non-compliance may attract penal action and withdrawal of exemption. The notification has retrospective application for the stated assessment years.

Capital asset transfer between public sector companies is notified as not regarded as a transfer for the relevant tax year.
Capital asset transfer from Nuclear Power Corporation of India Limited to Anushakti Vidhyut Nigam Limited under a Central Government-approved plan is notified as a specified transaction not regarded as a transfer. The notification operates under section 47(viiaf) of the Income-tax Act, 1961 read with the transitional provision in the Income-tax Act, 2025, and applies to Financial Year 2025-26, corresponding to Assessment Year 2026-27.