https://www.taxtmi.com/highlights?id=92640 The Central Government has notified an authority constituted under the Uttar Pradesh Urban Planning and Development Act, 1973 as covered by clause (46A)(b) of section 10 of the Income-tax Act, 1961, making specified income of that authority exempt from tax effective for assessment year 2024-25, subject to the authority continuing to have one or more of the purposes listed in sub-clause (a) of clause (46A). The notification includes an explanatory memorandum stating that no person is adversely affected by its retrospective effect. en-us Thu, 18 Sep 2025 16:20:22 +0530 Thu, 18 Sep 2025 16:20:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=92640 The Central Government has notified an authority constituted under the Uttar Pradesh Urban Planning and Development Act, 1973 as covered by clause (46A)(b) of section 10 of the Income-tax Act, 1961, making specified income of that authority exempt from tax effective for assessment year 2024-25, subject to the authority continuing to have one or more of the purposes listed in sub-clause (a) of clause (46A). The notification includes an explanatory memorandum stating that no person is adversely affected by its retrospective effect. Highlights Income Tax Thu, 18 Sep 2025 16:20:22 +0530 https://www.taxtmi.com/highlights?id=92640