The Central Government, under the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961, notifies "Odisha Real Estate Regulatory Authority" (PAN: AAAGO0648F) as "the assessee". This notification, S.O. 5441(E), is effective from the assessment year 2025-26, contingent on the assessee's continued status as an authority under the Real Estate (Regulation and Development) Act, 2016, with specified purposes as per the Income-tax Act. This notification is issued under Notification No. 164/2025 F. No. 300195/69/2024-ITA-I. MEENAKSHI SINGH, Dy. Secy. certifies that the notification does not have any adverse effect.
Key Entities Referenced
Income-tax Act, 1961: The central legislation governing income tax in India.
Real Estate (Regulation and Development) Act, 2016: Act that regulates the real estate sector and protects the interests of consumers.
Ministry of Finance: The ministry responsible for financial matters, including taxation.
Odisha Real Estate Regulatory Authority: The 'assessee' or the specific authority being notified about under clause (46A) of section 10 of the Income-tax Act, 1961.
2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
MINISTRY OF FINANCE
Department of Revenue
(Central Board of Direct Taxes)
NOTIFICATION
New Delhi, the 26th November, 2025
S.O. 5441(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 “ Odisha Real Estate Regulatory Authority” (PAN: AAAGO0648F) (hereinafter referred to as “the assessee”),
an authority constituted under the Real Estate (Regulation and Development) Act, 2016 (No. 16 of 2016), 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 Real Estate (Regulation and Development) Act, 2016 (No.
16 of 2016) 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. 164/2025 F. No. 300195/69/2024-ITA-I]
MEENAKSHI SINGH, Dy. Secy.
Explanatory Memorandum
It is certified that no person is being adversely affected by giving retrospective effect to this notification.
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