Home India Ministry of Finance Notification No. 10/2026 [F. No. 300195/67/2024-ITA-I] / SO ...
Date: 2026-01-19 Category: Income Tax Notification State: Union Government Country: India

Notification No. 10/2026 [F. No. 300195/67/2024-ITA-I] / SO 262(E) :​-

Issued by Ministry of Finance · Income Tax Department

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Executive Summary & Key Takeaways

**Executive Summary** This notification, issued by the Ministry of Finance on January 19, 2026, notifies "Agra Development Authority" (PAN: AAALA0081F) as an authority under section 10, clause (46A) of the Income-tax Act, 1961. This notification is effective from the assessment year 2024-25. No one is being adversely affected by giving retrospective effect from the year of application to this notification. **Key Points / Main Content** * **Notification Detail:** * The Central Government notifies "Agra Development Authority" (PAN: AAALA0081F) as an authority. * This notification is under section 10, clause (46A) of the Income-tax Act, 1961. * **Effective Date and Condition:** * Effective from the assessment year 2024-25. * Subject to the condition that the assessee continues to be an authority constituted under the Uttar Pradesh Urban Planning & Development Act, 1973. * **No Adverse Effect:** * No person is adversely affected by giving retrospective effect to this notification. **Impact Analysis** **Agra Development Authority** * **Impact:** Officially recognized as an authority under section 10, clause (46A) of the Income-tax Act, 1961. * **Action Required:** Ensure continued compliance with the Uttar Pradesh Urban Planning & Development Act, 1973. **Central Government/Tax Authorities** * **Impact:** Implements and enforces the notification, affecting tax assessment and related processes. * **Action Required:** Apply the provisions of the notification starting assessment year 2024-25. **Tax Payers** * **Impact:** No one is being adversely affected by giving retrospective effect to this notification. * **Action Required:** No action required.

Key Entities Referenced

Income-tax Act, 1961: The primary act under which the notification is issued, specifically referencing section 10. Agra Development Authority: The entity being notified as an authority under the Income-tax Act. Uttar Pradesh Urban Planning & Development Act, 1973: Act under which the Agra Development Authority is constituted. Central Board of Direct Taxes: The department issuing the notification.
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2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] 2. यह अजधसूचना कर जनधाडरण िषड 2024-25 से प्रभािी होगी, बिते दक जनधाडररती आयकर अजधजनयम की धारा 10 के खंड (46क) के उपखडं (क) म ें जिजनर्िडष्ट दकसी एक या एक स े अजधक प्रयोिनों स े उत्तर प्रिेि िहरी जनयोिन एि ं जिकास अजधजनयम, 1973 (राष्ट्रपजत अजधजनयम संख्या 11/1973) के तहत गरित प्राजधकरण बना रह।े [अजधसूचना स.ं 10 /2026/फा. सं. 300195/67/2024-आईटीए-I] हरिेि ससंह, अिर सजचि स्ट्पष्टीकरण ज्ञापन यह प्रमाजणत दकया िाता ह ै दक इस अजधसूचना को भूतलक्षी प्रभाि (बोडड/जिभाग के समक्ष आिेिन दकए िाने के िषड स े प्रभािी) िेने स ेदकसी भी व्यजि पर प्रजतकूल प्रभाि नहीं पडगे ा। MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 19th January, 2026 S.O. 262(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 “Agra Development Authority” (PAN: AAALA0081F) (hereinafter referred to as “the assessee”), an authority constituted under the Uttar Pradesh Urban Planning & Development Act, 1973(President’s Act No. 11 of 1973), for the purposes of the said clause. 2. This notification shall be effective from the assessment year 2024-25, subject to the condition that the assessee continues to be an authority constituted under the Uttar Pradesh Urban Planning & Development Act, 1973(President’s Act No. 11 of 1973) 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. 10 /2026/F. No. 300195/67/2024-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.

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