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    <title>Income-tax exemption for specified regulatory fees and government grants applies subject to non-commercial activity and continuing compliance conditions.</title>
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    <description>The Kerala Real Estate Regulatory Authority receives income-tax exemption for fees from registration of projects, agents and plots, fees for compensation and complaint filings, and government grants for tax year 2026-27. The exemption is conditional on the Authority not undertaking commercial activity, filing its income-tax return as prescribed, and maintaining unchanged activities and specified income throughout the tax year. Non-compliance triggers withdrawal of the exemption and initiation of proceedings under the Income-tax Act, 2025.</description>
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