Granting Exemption under Section 10(46) of the Income-tax Act, 1961 to Mussoorie Dehradun Development Authority in respect of the specified income arising to that Authority

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....2026 New Delhi, the 2nd July, 2026 S.O. 3596(E).- Whereas, section 10(46) of the Income-tax Act, 1961 (43 of 1961) provided for exemption of specified income of certain bodies or authorities or Boards or Trusts or Commissions as may be notified by the Central Government in the Official Gazette for the purposes of that section; And whereas, the Income-tax Act, 1961 (43 of 1961) was repeale....

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....e date of commencement of the Income-tax Act, 2025 (30 of 2025) and to any proceedings initiated on or after the 1^st April, 2026 (including notices, assessment, reassessment, re-computation, rectification, penalty, reference, revision and appeals) in respect of any tax year beginning before the 1st April, 2026 and such proceedings shall be carried out as per the procedure specified in the Act of ....

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....he following specified income arising to that authority, namely:- (a) Grants/loans/ advances received from Government of Uttarakhand. (b) Fees/charges/income (by whatever name called) levied as per Uttarakhand Urban and Country Planning and Development Act, 1973 (c) Income from disposal of lands, buildings and other movable and immovable properties. (d) Income f....