https://www.taxtmi.com/highlights?id=90649 The Central Government has exempted a specified industrial development authority constituted under the Uttar Pradesh Industrial Area Development Act, 1976, from income tax under section 10(46A) of the Income-tax Act, 1961. This exemption applies from the assessment year 2024-2025, provided the authority continues to operate under the conditions outlined in the Act, specifically maintaining one or more purposes as defined in the relevant sub-clause of section 10(46A). en-us Fri, 18 Jul 2025 15:29:58 +0530 Fri, 18 Jul 2025 15:29:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=90649 The Central Government has exempted a specified industrial development authority constituted under the Uttar Pradesh Industrial Area Development Act, 1976, from income tax under section 10(46A) of the Income-tax Act, 1961. This exemption applies from the assessment year 2024-2025, provided the authority continues to operate under the conditions outlined in the Act, specifically maintaining one or more purposes as defined in the relevant sub-clause of section 10(46A). Highlights Income Tax Fri, 18 Jul 2025 15:29:58 +0530 https://www.taxtmi.com/highlights?id=90649