Granting Tax Exemption to Chhattisgarh Real Estate Regulatory Authority (PAN: AAAJC1049H) 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.

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....ENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 27th July, 2026 S.O. 4121(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, t....

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....1961 shall continue to apply to any proceeding pending on the date of commencement of the Income-tax Act, 2025 (30 of 2025) and to any proceedings initiated on or after the 1 April, 2026 (including notices, assessment, reassessment, recomputation, rectification, penalty, reference, revision and appeals) in respect of any tax year beginning before the 1st April, 2026 and such proceedings shall be c....

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....rity constituted by the State Government of Chhattisgarh, in respect of the following specified income arising to that authority, namely:- (a) amount received as Grant-in-aid or loan / advance from Government; (b) fee/penalty received from builders/developers, agents or any other stakeholders as per the provisions of the Real Estate (Regulation and Development) Act, 2016; and ....