Tax exemption notification for Shree Ayodhya Jee Teerth Vikas Parishad under section 10(46A) with continuing statutory conditions.
Tax exemption is notified for Shree Ayodhya Jee Teerth Vikas Parishad under clause (46A) of section 10 of the Income-tax Act, 1961, as a body constituted under the Uttar Pradesh Shree Ayodhya Jee Teerth Vikas Parishad Act, 2023. The notification is effective from assessment year 2025-26, subject to the condition that the entity continues to be so constituted and continues to have one or more of the purposes specified in sub-clause (a) of clause (46A).

Tax exemption notification for Urban Improvement Trust, Sikar applies from assessment year 2026-27 subject to continuing statutory conditions.
The Central Government notifies Urban Improvement Trust, Sikar as an entity covered by clause (46A) of section 10 of the Income-tax Act, 1961, for specified income. The notification is effective from assessment year 2026-27, subject to the condition that the assessee continues to be a trust constituted under the Rajasthan Urban Improvement Act, 1959 and continues to have one or more of the purposes specified in sub-clause (a) of clause (46A).

Scientific research approval granted for income-tax purposes, covering the specified assessment years under the statutory research exemption framework.
Approval is accorded to M/s Indian Institute For Human Settlements, Bangalore, for the purpose of scientific research under clause (iia) of sub-section (1) of section 35 of the Income Tax Act, 1961, read with Rule 5F of the Income Tax Rules, 1962. The notification operates for five assessment years, from AY 2026-27 to AY 2030-31, and includes an explanatory memorandum stating that no person is adversely affected by granting retrospective effect.

Research association approval for scientific research permits tax-deduction compliance with prescribed reporting and donor certificate requirements.
Tea Research Association, Kolkata, is approved as a Research Association for Scientific Research for assessment years 2027-28 to 2031-32, subject to compliance with the Income-tax Rules. The association must prepare and deliver the prescribed annual statement for donations in the specified form to the authorised income-tax authority by 31 May following the financial year, may file correction statements, and must furnish donors with the prescribed certificate specifying donation particulars within the time and manner required by the rules.

Scientific research approval for university requires compliance with rules and annual donor reporting and certificates.
The Ahmedabad University is approved as an institution for scientific research under the Income tax Act, subject to statutory rules and procedural conditions. The university must comply with the Income tax Rules governing research approvals; prepare and file the annual statement required under sub section (1A) in the prescribed form and manner by the statutory due date, may submit correction statements, and must furnish donors with the prescribed certificate specifying donation particulars and timing as mandated by the rules.

Income-tax compliance rules set detailed valuation, approval, audit and reporting mechanisms for deductions, perquisites and specified business notifications.
Income-tax Rules, 2026 prescribe the framework for commencement, definitions, notifications, approvals, valuation, computation, deduction conditions, audit requirements and statutory forms under the Income-tax Act, 2025. The rules cover dividend arrangements, recognised stock exchanges, zero coupon bonds, non-resident income estimation, fair market value determinations, significant economic presence thresholds, perquisite valuation, depreciation, scientific research approvals, agricultural extension and skill development projects, and the maintenance and audit of books of account. They also regulate provident, gratuity and superannuation fund approvals and appeals, together with prescribed reporting forms.

Scientific research approval under the Income tax Act triggers reporting and donor certification obligations via specified forms and rules.
Approval is granted to G.S.L. Medical College and General Hospital under G.S.L. TRUST for recognition as an institution engaged in scientific research under clause (ii) of sub section (1) of section 35 read with Rules 5C and 5E, applicable for assessment years 2026 27 to 2030 31, subject to compliance with Rule 5E, submission of the Form No.10BD statement under sub section (1A) by 31st May (with correction allowed), and issuance of Form No.10BE donor certificates as prescribed by Rule 18AB.

Rule title amendment clarifies that the amending rules are the Income tax (First Amendment) Rules, 2026.
Corrigendum substitutes the bracket, figures and words in item 1 of the earlier notification G.S.R. 158(E) (5 March 2026) so that the rules read "(1) These rules may be called the Income tax (First Amendment) Rules, 2026." instead of "(1) These rules may be called the Income tax (Amendment) Rules, 2026."

Reporting financial institution obligations expanded to include digital currencies and crypto-assets, increasing due diligence and reporting requirements.
Amendments to Rules 114F-114H extend reporting and due-diligence obligations for reporting financial institutions to include accounts holding central bank digital currencies, specified electronic money products, and relevant crypto-assets for non-U.S. reportable accounts. The rules redefine depository institutions and depository accounts to cover entities holding such digital instruments, add definitions for central bank digital currencies, specified electronic money products and relevant crypto-assets, require additional reported data (self-certification status, joint-account details, roles of controlling persons or equity interest holders, account type and pre-existing/new status), permit limited non-reporting of gross proceeds where reported under a Crypto-Asset Reporting Framework, and introduce a Qualified Non-Profit Entity exclusion and transitional reporting relief for accounts existing at end of 2025.

Scientific research approval for a university enables donor tax benefit eligibility, subject to prescribed reporting and certification compliance.
Approval is granted to Sri Ramachandra Institute of Higher Education and Research Trust, Chennai as an institution for Scientific Research within the university/college category, subject to time limited applicability and ongoing compliance with the Income tax Rules, including annual submission of the prescribed statement to the income tax authority and issuance of prescribed donor certificates, with provision for correction statements.

District Legal Service Authority, Faridabad: specified income exempt under section 10(46) subject to conditions and filing requirement.
Notification under section 10(46) exempts specified income of District Legal Service Authority, Faridabad (PAN AAAJC0807B): grants from judicial and legal services authorities, government grants/donations for Legal Services Authorities Act purposes, court-ordered receipts, recruitment application fees, and interest on bank deposits. Exemption is conditional on no commercial activity, unchanged activities and income character across financial years, and filing returns per clause (g) of section 139(4C). Non-compliance may lead to penal measures and withdrawal of exemption; retrospective effect is provided for specified assessment years.

Legislative corrigenda correct statutory wording, cross-references, and drafting errors across multiple enacted laws.
Corrections are issued to the text of the Income-tax Act, 2025 by replacing specified words, phrases, cross-references, punctuation, and numerical expressions at designated pages and lines in the published Act. The corrigendum also amends drafting references such as singular and plural usage, section citations, clause and sub-clause references, and formulaic wording to align the printed text with the intended legislative language.

Rajalakshmi University Trust approved for tax-recognised scientific research; must file annual donation statements and issue donor certificates.
Approval is granted to Rajalakshmi University Trust, Chennai as an institution eligible for tax recognition for Scientific Research under the provision for donations to universities, colleges or other institutions, subject to compliance with the applicable income-tax rules. The trust must prepare and file an annual verified statement of donations in the prescribed form with the authorised income-tax authority by the statutory deadline following the financial year in which donations are received, may file correction statements, and must furnish donors with the prescribed donation certificate.

Tax exemption for State Legal Service Authority Chandigarh on specified grants, fees, court awards and interest, subject to conditions.
Notification grants exemption under section 10(46) of the Income-tax Act, 1961 to the State Legal Service Authority, Union Territory, Chandigarh for specified receipts: grants from the Punjab and Haryana High Court and National Legal Services Authority; grants/donations from Central or State Governments for the Legal Services Authorities Act; amounts under court orders; recruitment application fees; and interest on bank deposits. Exemption is conditional on no commercial activity, unchanged activities and income nature, and filing returns under clause (g) of sub-section (4C) of section 139; non-compliance may attract penalties and withdrawal. The notification has retrospective and forward application for stated assessment years.

Sikshya O Anusandhan approved for scientific research; must comply with rule 5E and submit Form 10BD and Form 10BE.
Approval is granted to Sikshya O Anusandhan, Bhubaneswar, Odisha for Scientific Research as a university/college/institution, subject to compliance with Rule 5E. The institution must prepare and deliver an annual Form No.10BD statement verifying donation particulars, may submit correction statements, and must issue donors a Form No.10BE donation certificate containing prescribed particulars in the prescribed manner and time.

Tamil Nadu e-Governance Agency: exempted specified incomes under section 10(46), subject to compliance conditions and applicable assessment years.
The Central Government notifies section 10(46) exemption for Tamil Nadu e-Governance Agency, listing exempt receipts: government grants for operations; service charges via Common Service Centres; fees for software development and IT consultancies and related interest; dividends from CSC-SPV; admin cost recoveries on UIDAI PEC grants; revenue sharing from online examinations; other incidental income; and interest on these items. The exemption is conditional on no commercial activity, unchanged activities and income nature, and filing returns under clause (g) of s.139(4C); non-compliance may lead to penalties and withdrawal. The notification covers AYs 2024-25, 2025-26 and applies to 2026-27 through 2028-29.

Dadra and Nagar Haveli welfare board exempted from tax on cess, registration fees and deposit interest, subject to compliance.
Notification grants tax exemption to the Dadra and Nagar Haveli Building and Other Construction Workers Welfare Board for cess collected, registration fees, and interest on bank deposits, subject to conditions: no commercial activity, unchanged activities and income character across financial years, and prescribed filing of income tax return; non-compliance may lead to penal actions and withdrawal of the exemption, and the notification is effective retrospectively for assessment years corresponding to financial years 2018-19 through 2022-23.

Karnataka State Rural Livelihood Promotion Society granted tax exemption on grants and bank interest, subject to compliance conditions.
Notification grants tax exemption under section 10(46) to Karnataka State Rural Livelihood Promotion Society for grants from the Central Government, grants from the State Government of Karnataka, and interest on bank deposits, subject to conditions: no commercial activity, unchanged activities and specified income across financial years, and filing returns under clause (g) of sub-section (4C) of section 139; non-compliance may lead to penal action and withdrawal of exemption, and the notification has retrospective and specified prospective application to listed assessment years.

Tax exemption for Agra Development Authority effective assessment year 2024-25, subject to statutory purpose conditions.
Notifies Agra Development Authority (PAN AAALA0081F) as eligible for exemption of specified income under the Income-tax Act, on the basis that it is constituted under the Uttar Pradesh Urban Planning & Development Act. The notification is effective from assessment year 2024-25, conditional on the Authority continuing to meet the statutory purpose requirements set out in the exemption clause; an explanatory memorandum certifies no person is adversely affected by retrospective effect from the year of application.

Barnala Improvement Trust notified for tax exemption on specified income, effective from assessment year 2024-25.
The Central Government notifies the Barnala Improvement Trust, constituted under the Punjab Town Improvement Act, 1922, as an authority for the purpose of tax exemption on specified income under clause (46A) of section 10 of the Income-tax Act, 1961, effective from the assessment year 2024-25, subject to the condition that the Trust continues to be a local authority with one or more purposes specified in sub-clause (a) of clause (46A).