https://www.taxtmi.com/notifications?id=145307 The Central Government has notified the Karnataka Industrial Areas Development Board for the purposes of clause (46A) of section 10 of the Income-tax Act, 1961. The notification operates from assessment year 2024-25, subject to the condition that the Board continues to be constituted under the Karnataka Industrial Areas Development Act, 1966 and continues to meet one or more of the purposes specified in sub-clause (a) of clause (46A). The explanatory memorandum records retrospective effect from the year of application and states that no person is adversely affected. en-us Mon, 30 Mar 2026 00:00:00 +0530 Tue, 31 Mar 2026 10:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=145307 The Central Government has notified the Karnataka Industrial Areas Development Board for the purposes of clause (46A) of section 10 of the Income-tax Act, 1961. The notification operates from assessment year 2024-25, subject to the condition that the Board continues to be constituted under the Karnataka Industrial Areas Development Act, 1966 and continues to meet one or more of the purposes specified in sub-clause (a) of clause (46A). The explanatory memorandum records retrospective effect from the year of application and states that no person is adversely affected. Notifications Income Tax Mon, 30 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/notifications?id=145307