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    <title>Granting Tax Exemption to Kerala Real Estate Regulatory Authority (PAN:AAAGK1025N) in respect of the specified Income under Section 10(46) of the Income-tax Act, 1961 and section 536(2)(a)/(b) of the Income-tax Act, 2025.</title>
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    <description>Tax exemption under section 10(46) of the Income-tax Act, 1961 applies to specified income of the Kerala Real Estate Regulatory Authority, including registration fees, fees for compensation claims and complaints, and government grants. The Authority must not engage in commercial activity, must maintain the same activities and nature of specified income, and must comply with applicable income-tax return filing requirements. Failure to meet these conditions may result in penal action and withdrawal of exemption. The notification operates retrospectively for the stated relevant assessment years.</description>
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      <description>Tax exemption under section 10(46) of the Income-tax Act, 1961 applies to specified income of the Kerala Real Estate Regulatory Authority, including registration fees, fees for compensation claims and complaints, and government grants. The Authority must not engage in commercial activity, must maintain the same activities and nature of specified income, and must comply with applicable income-tax return filing requirements. Failure to meet these conditions may result in penal action and withdrawal of exemption. The notification operates retrospectively for the stated relevant assessment years.</description>
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