Home India Ministry of Finance Notification No. 05 / 2026 [F.No. 300195/38/2025-ITA-I] / SO...
Date: 2026-01-07 Category: Income Tax Notification State: Union Government Country: India

Notification No. 05 / 2026 [F.No. 300195/38/2025-ITA-I] / SO 101(E) :​-

Issued by Ministry of Finance · Income Tax Department

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

The Ministry of Finance (Department of Revenue), Central Board of Direct Taxes, issued a notification S.O. 101(E) on January 7, 2026, in New Delhi. This notification, made in exercise of powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961, notifies "Gorakhpur Industrial Development Authority" (PAN:AAALG1185A) as the assessee, an authority constituted under the Uttar Pradesh Industrial Area Development Act, 1976 (U.P. Act no.6 of 1976). The notification is effective from the assessment year 2025-26, contingent upon the assessee remaining an authority under the same U.P. Act, with purposes aligning with sub-clause (a) of clause (46A) of section 10 of the Income-tax Act. Notification No. is 05 / 2026 /F.No. 300195/38/2025-ITA-I, issued by Hardev Singh, Under Secy. The notification does not adversely affect any person by giving retrospective effect.

Key Entities Referenced

Income-tax Act, 1961: The principal act governing income tax in India, referenced for clause 46A of section 10 Uttar Pradesh Industrial Area Development Act, 1976: The act under which Gorakhpur Industrial Development Authority is constituted Gorakhpur Industrial Development Authority: The authority being notified under the Income-tax Act, 1961 for tax exemption purposes MINISTRY OF FINANCE: The ministry issuing the notification regarding the tax status of Gorakhpur Industrial Development Authority.
Official Source Record View Original Source →
See Full Document Text
2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] व्याख्यात्मक ज्ञापन यह प्रमाजणत दकया िाता ह ै दक इस अजधसूचना को पूिडव्यापी प्रभाि िेने स े )बोडड/जिभाग के समक्ष आिेिन दकए िाने के िर्ड स े प्रभािी( दकसी भी व्यजि पर प्रजतकूल प्रभाि नहीं पडगे ा। MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 7th January, 2026 S.O. 101(E).—In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961 (43 of 1961), (hereinafter referred to as “the Income-tax Act”), the Central Government hereby notifies “Gorakhpur Industrial Development Authority (PAN:AAALG1185A), (hereinafter referred to as “the assessee”), an authority constituted under the Uttar Pradesh Industrial Area Development Act, 1976 (U.P. Act no.6 of 1976) for the purposes of the said clause. 2. This notification shall be effective from the assessment year 2025-26, subject to the condition that the assessee continues to be an authority constituted under the Uttar Pradesh Industrial Area Development Act, 1976 (U.P. Act no.6 of 1976) with one or more of the purposes specified in sub-clause (a) of clause (46A) of section 10 of the Income-tax Act. [Notification No. 05 / 2026 /F.No. 300195/38/2025-ITA-I] HARDEV SINGH, Under Secy. Explanatory Memorandum It is certified that no person is being adversely affected by giving retrospective effect (with effect from the year of application made before the Board/Department) to this notification. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

Continue your research