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    <title>Central Government exempts urban development authority under section 10(46A)(b) for AY 2025-26, subject to conditions -26</title>
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    <description>Central Government, exercising power under sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, notifies an urban development authority constituted under the Uttar Pradesh Urban Planning and Development Act as eligible for tax exemption on specified income, effective for assessment year 2025-26, conditioned on the authority continuing to exist under that Act and carrying one or more purposes specified in sub-clause (a) of clause (46A). The notification is certified as having no adverse retrospective impact on any person.</description>
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    <pubDate>Fri, 10 Oct 2025 13:44:49 +0530</pubDate>
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      <title>Central Government exempts urban development authority under section 10(46A)(b) for AY 2025-26, subject to conditions -26</title>
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      <description>Central Government, exercising power under sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, notifies an urban development authority constituted under the Uttar Pradesh Urban Planning and Development Act as eligible for tax exemption on specified income, effective for assessment year 2025-26, conditioned on the authority continuing to exist under that Act and carrying one or more purposes specified in sub-clause (a) of clause (46A). The notification is certified as having no adverse retrospective impact on any person.</description>
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