Aligarh Development Authority tax exemption notified under section 10(46A), effective AY 2025 26, subject to statutory purpose condition.
Central Government notifies Aligarh Development Authority as eligible for the specified income tax exemption, effective assessment year 2025 26, on condition that it continues to be an authority constituted under the Uttar Pradesh Urban Planning and Development Act, 1973 and performs one or more of the purposes specified in the relevant exemption clause; explanatory memorandum states no person is adversely affected by retrospective effect from the year of application.

West Bengal Building and Other Construction Workers Welfare Board granted tax exemption for specified welfare income, subject to compliance.
Notification under section 10(46) notifies the West Bengal Building and Other Construction Workers Welfare Board as exempt in respect of cess collected under the Building and Other Construction Workers Welfare Cess Act; registration fees and yearly subscriptions from registered workers; grants in aid and loans from Government; and interest from investments, subject to conditions prohibiting commercial activity, requiring unchanged activities and income character, and mandated return filing under clause (g) of subsection (4C) of section 139.

Core Settlement Guarantee Fund notified for tax treatment of specified income for AY 2024-25; filing and recognition conditions apply.
Notification under clause (23EE) of section 10 designates the Core Settlement Guarantee Fund (PAN: AAAJA3150B), set up by AMC Repo Clearing Limited, as entitled to the tax treatment for specified income in Explanation (iii) for assessment year 2024-25 and subsequent years, subject to conditions including filing returns under sub-section (4C) of section 139 and continued recognition of AMC Repo Clearing Limited as a clearing corporation.

Gorakhpur Industrial Development Authority tax exemption effective AY 2025-26 under section 10(46A), conditional on specified purposes.
Gorakhpur Industrial Development Authority is notified as an authority for the purposes of clause (46A) of section 10 of the Income-tax Act, with tax exemption on specified income effective from assessment year 2025-26, subject to the condition that the assessee continues to be constituted under the State industrial area development enactment and to have one or more purposes specified in sub-clause (a) of clause (46A); the notification includes a certification that retrospective effect does not adversely affect any person.

Kota Development Authority designated for tax exemption, effective AY2025 26, conditional on statutory constitution.
Notification designates Kota Development Authority (PAN: AAAJK2043D) as a notified authority under sub clause (b) of clause (46A) of section 10 of the Income tax Act, 1961, making specified income eligible for exemption. The designation takes effect from assessment year 2025 26, conditional on the Authority remaining constituted under the Kota Development Authority Act, 2023 and having one or more purposes in sub clause (a) of clause (46A). The explanatory memorandum notes retrospective effect to the year of application and that no person is adversely affected.

Mussoorie Dehradun Development Authority granted tax exemption on specified income, effective subject to continued qualification and retrospective effect.
Central Government notifies tax exemption for Mussoorie Dehradun Development Authority as an authority under clause (46A) of section 10 of the Income tax Act, recognising its constitution under the Uttar Pradesh Urban Planning Development Act and regulation under the Uttarakhand amendment; the notification is effective from the assessment year 2024-25, conditional on the Authority continuing to meet the statutory purposes specified in sub clause (a) of clause (46A), with retrospective effect certified by the explanatory memorandum.

Joint Electricity Regulatory Commission granted income-tax exemption on specified income, effective AY 2024-25, conditional on continued status.
Central Government notifies the Joint Electricity Regulatory Commission (for the State of Goa and Union Territories except Delhi) as an authority constituted under the Electricity Act for the purpose of income-tax exemption on specified income, effective from assessment year 2024-25, conditional on continuation as an authority and on serving one or more purposes specified in the income-exemption provision; retrospective effect to the year of application before the Board/Department is certified not to adversely affect any person.

Pension fund Inbar Holding RSC Limited specified for tax exemption on eligible Indian investments subject to conditions.
Inbar Holding RSC Limited is specified as a specified person under clause (23FE) of section 10 for eligible investments in India until 31 March 2030, subject to conditions: file timely returns for relevant years; quarterly disclosure in Form No.10BBB; annual Form No.10BBC certification by an accountant; maintain segmented accounts for exempt investments; remain regulated under Abu Dhabi or UAE law; administer or invest assets solely to meet statutory obligations and defined contributions for retirement/social security plans; restrict earnings and assets to beneficiaries or permitted creditor repayments; prohibit borrowings for making investments in India; and avoid day-to-day participation in investees while retaining monitoring rights. Violation causes ineligibility for the exemption.