Tax exemption for legal services authority income applies conditionally to grants, court receipts, recruitment fees and bank interest.
Tax exemption is granted to the District Legal Services Authority, Charkhi Dadri, for specified grants, government donations, court-ordered receipts, recruitment application fees and bank-deposit interest. The exemption operates under the saving and transitional framework preserving application of the repealed Income-tax Act, 1961. It is conditional on absence of commercial activity, continuity in the Authority's activities and specified income, and filing of income-tax returns as required. Non-compliance may result in penal action and withdrawal of exemption, with retrospective application to the stated assessment years.

Tax exemption for technical education board covers specified receipts, subject to non-commercial activity, unchanged income sources, and return filing.
Tax exemption is notified for the Haryana State Board of Technical Education, Panchkula, in respect of specified governmental receipts, educational fees, royalties and charges, donations, property-related income, securities sale proceeds, and bank-deposit interest. The exemption operates under section 10(46) of the repealed Income-tax Act, 1961, preserved through transitional provisions of the Income-tax Act, 2025. It requires absence of commercial activity, continuity in activities and specified income, and filing of the required income-tax return; non-compliance may result in penal action and withdrawal of exemption.

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.

Tax exemption for regulatory authority income covers registration fees, complaint fees and grants, subject to non-commercial activity and return compliance.
Tax exemption under section 10(46) of the Income-tax Act, 1961 applies to specified income of the Kerala Real Estate Regulatory Authority, including registration fees, fees for compensation claims and complaints, and government grants. The Authority must not engage in commercial activity, must maintain the same activities and nature of specified income, and must comply with applicable income-tax return filing requirements. Failure to meet these conditions may result in penal action and withdrawal of exemption. The notification operates retrospectively for the stated relevant assessment years.

Specified income exemption for the Fees Regulating Authority depends on non-commercial activity, unchanged income sources, and return filing.
Tax exemption is notified for the Fees Regulating Authority in respect of processing fees, related charges, government reimbursements or grants, and interest from deposits and investments. The exemption requires that the Authority not engage in commercial activity, retain unchanged activities and specified income, and file its income-tax return as prescribed. Failure to meet these conditions may result in penal action and withdrawal of the exemption. The notification applies retrospectively for the stated assessment years.

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.

Specified income tax exemption for the real estate regulator depends on non-commercial activity, unchanged income sources, and return filing compliance.
Tax exemption under section 10(46) of the Income-tax Act, 1961 is notified for the Chhattisgarh Real Estate Regulatory Authority for government grants, loans or advances, regulatory fees and penalties, and interest earned on those receipts. The exemption requires the Authority to avoid commercial activity, retain the same activities and nature of specified income, and file its income return as required. Non-compliance may result in penal action and withdrawal of the exemption. The notification operates retrospectively for the stated assessment years.

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 activity, unchanged income character, and return filing.
Tax exemption applies to the 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, loans-and-advances interest, and interest on those receipts. The exemption requires the Board to avoid commercial activity, retain the same activities and income character, and file its income return as required. Failure to meet these conditions may lead to 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.

Tax exemption for legal services authority income requires non-commercial operations, unchanged income sources, and timely return filing compliance.
Tax exemption is notified for the District Legal Service Authority, Jind, in respect of grants for legal-services purposes, court-ordered amounts, recruitment application fees and bank-deposit interest. The exemption operates under the preserved framework of the repealed Income-tax Act, 1961, for relevant pre-commencement tax years. It requires no commercial activity, unchanged activities and specified income, and compliance with income-tax return filing requirements. Non-compliance may result in penal action and withdrawal of exemption.

Capital asset transfer exemption applies to a government-approved transfer between public sector companies for the relevant transfer year.
Capital asset transfer between public sector companies is notified for the non-transfer exemption under clause (viiaf) of section 47 of the Income-tax Act, 1961, read with section 536(2) of the Income-tax Act, 2025. It covers the transfer of a capital asset by Nuclear Power Corporation of India Limited to Anushakti Vidhyut Nigam Limited under a Central Government-approved plan. The notification applies for financial year 2025-26, corresponding to assessment year 2026-27.

Scientific research approval requires annual donation reporting and donor certification for the institution during the specified tax years.
Scientific research approval is granted to the Indian Institute of Information Technology Dharwad for the specified tax years, subject to compliance with prescribed conditions. The institution must prepare and deliver the required annual donation statement in Form No. 15 to the designated income-tax systems authority by 31 May following the relevant tax year. It must also issue donors a Form No. 16 certificate stating the amount donated.

Zero coupon bond designation recognises the infrastructure financing bond subject to statutory and rules-based compliance conditions.
The Central Government has specified the Ten Year Zero Coupon Bond of the National Bank for Financing Infrastructure and Development as a zero coupon bond for the purposes of the Income-tax Act, 2025. The bond has a ten-year life and is to be issued on or before 31 March 2028. The notification specifies its maturity or redemption amount, discount and proposed number of bonds, and remains effective subject to compliance with conditions under the Income-tax Act, 2025 and the Income-tax Rules, 2026.

Treaty anti-abuse rules deny India-Sri Lanka tax benefits where arrangements have a principal purpose of securing treaty relief.
The India-Sri Lanka double taxation agreement is amended to prevent tax evasion, avoidance and treaty shopping. Treaty benefits may be denied under a principal purpose test where obtaining the benefit was one of the principal purposes of an arrangement or transaction, unless granting the benefit accords with the object and purpose of the relevant treaty provisions. The Protocol applies to income for specified fiscal or taxable years following its entry into force and remains effective while the underlying agreement is in force.

Income-tax exemption for pollution control income applies subject to non-commercial operations, return filing, and continuity of specified activities.
Income-tax exemption is notified for the Delhi Pollution Control Committee in respect of government grants or subsidies, statutory consent, licence and application fees, environmental penalties and fines, and interest on surplus-fund deposits or investments. The exemption applies for tax years 2026-27 and 2027-28, subject to no commercial activity, prescribed return filing, and no change in the Committee's activities or specified income. Non-compliance results in withdrawal of exemption and initiation of proceedings under the Act.

Tax exemption for pollution-control income covers statutory receipts, subject to non-commercial activity, unchanged income nature, and return-filing compliance.
Tax exemption for specified income of the Delhi Pollution Control Committee applies to government grants or subsidies, statutory fees, environmental penalties and fines, and interest on surplus-fund deposits or investments. The exemption requires that the Committee undertake no commercial activity, retain the same activities and nature of specified income, and file the required income-tax return. Non-compliance may attract penal action and withdrawal of exemption. The notification has retrospective application for the stated assessment years.

Cost Inflation Index for financial year 2026-27 is specified under the Income-tax Act, applying from the relevant tax year.
The Cost Inflation Index for financial year 2026-27 is specified as 384 under the Income-tax Act, 2025. It applies to tax year 2026-27 from 1 April 2026 and to subsequent tax years.