https://www.taxtmi.com/highlights?id=102192 Specified income of the Chhattisgarh Real Estate Regulatory Authority is notified for exemption purposes under Schedule III read with section 11 of the Income-tax Act, 2025. Covered income comprises government grants, loans or advances; fees and penalties received from real-estate stakeholders under the real-estate regulatory law; and interest earned on those receipts. The notification applies for tax years 2026-27 and 2027-28, subject to the Authority not undertaking commercial activity, filing its income-tax return as prescribed, and maintaining unchanged activities and income nature. Non-compliance results in withdrawal of the exemption and initiation of proceedings under the Act. en-us Wed, 29 Jul 2026 14:44:42 +0530 Wed, 29 Jul 2026 14:44:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=102192 Specified income of the Chhattisgarh Real Estate Regulatory Authority is notified for exemption purposes under Schedule III read with section 11 of the Income-tax Act, 2025. Covered income comprises government grants, loans or advances; fees and penalties received from real-estate stakeholders under the real-estate regulatory law; and interest earned on those receipts. The notification applies for tax years 2026-27 and 2027-28, subject to the Authority not undertaking commercial activity, filing its income-tax return as prescribed, and maintaining unchanged activities and income nature. Non-compliance results in withdrawal of the exemption and initiation of proceedings under the Act. Highlights Income Tax Wed, 29 Jul 2026 14:44:42 +0530 https://www.taxtmi.com/highlights?id=102192