**Executive Summary**
This notification, issued by the Central Board of Direct Taxes on January 6, 2026, grants tax exemption to the "Mussoorie Dehradun Development Authority" under specific conditions of the Income-tax Act. The notification is effective from the assessment year 2024-25, provided the authority continues to meet the stipulated criteria under relevant planning and development acts. No retrospective effect impacting prior applications is certified.
**Key Points / Main Content**
* **Tax Exemption Notification:**
* The Central Government notifies "Mussoorie Dehradun Development Authority" (PAN: AAAAM4651Q) as eligible for tax exemption.
* The exemption is granted under clause (46A) of section 10 of the Income-tax Act, 1961.
* **Governing Regulations:**
* The authority is constituted under the Uttar Pradesh Urban Planning Development Act, 1973.
* It is regulated under the Uttarakhand Urban and Country Planning Development (Amendment) Act, 2013.
* **Effective Period & Conditions:**
* The notification is effective from the assessment year 2024-25.
* The assessee must continue to be constituted under the Uttar Pradesh Urban Planning Development Act, 1973.
* The assessee must continue to be regulated under the Uttarakhand Urban and Country Planning Development (Amendment) Act, 2013.
* The assessee must meet one or more purposes specified in sub-clause (a) of clause (46A) of section 10 of the Income-tax Act.
* **Retrospective Effect:**
* The notification does not adversely affect any person by giving retrospective effect.
**Impact Analysis**
**Mussoorie Dehradun Development Authority**
* **Impact**
* The authority is granted tax exemption under specific conditions.
* **Action Required**
* Ensure continued compliance with the Uttar Pradesh Urban Planning Development Act, 1973 and the Uttarakhand Urban and Country Planning Development (Amendment) Act, 2013.
* Maintain adherence to the purposes specified in sub-clause (a) of clause (46A) of section 10 of the Income-tax Act.
**Tax Authorities**
* **Impact**
* Must recognize the tax-exempt status of the "Mussoorie Dehradun Development Authority" subject to the specified conditions.
* **Action Required**
* Ensure compliance with the notification when assessing the tax liabilities of the "Mussoorie Dehradun Development Authority" for the assessment year 2024-25 onwards.
**Assessee**
* **Impact**
* Will be affected by the assessment made for the Financial year 2024-25.
* **Action Required**
* The 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.
Key Entities Referenced
Income-tax Act, 1961: Governing law for the notification related to income tax exemptions.
Mussoorie Dehradun Development Authority: Entity being notified as an assessee under the Income-tax Act.
Uttar Pradesh Urban Planning Development Act, 1973: Act under which Mussoorie Dehradun Development Authority was constituted.
Uttarakhand Urban and Country Planning Development (Amendment) Act, 2013: Act that regulates the Mussoorie Dehradun Development Authority.
Ministry of Finance: Issuing authority of the notification, responsible for revenue and direct taxes.
2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
2. यह अजधसूचना जनधारड ण िषड 2024-25 से प्रभािी होगी, बिते दक जनधाडररती उत्तराखंड िहरी एिं ग्रामीण
जनयोिन जिकास (संिोधन) अजधजनयम, 2013 के तहत यथा जिजनयजमत हो, तथा आयकर अजधजनयम की धारा 10 के खंड
(46ए) के उपखडं (क) म ें जनर्िष्टड एक या अजधक प्रयोिन के साथ उत्तर प्रिेि िहरी जनयोिन जिकास अजधजनयम, 1973
(राष्ट्रपजत अजधजनयम 1973 का 11) के तहत गरित प्राजधकरण बना रह।े
[अजधसूचना स.ं 03 /2026/फा. सं. 300195/14/2024-आईटीए-I]
हरिेि ससंह, अिर सजचि
व्याख्यात्मक ज्ञापन
यह प्रमाजणत दकया िाता ह ैदक इस अजधसूचना को पूिडव्यापी प्रभाि िेने से (बोड/डजिभाग के समक्ष आिेिन दकए िान ेके िष ड
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 6th January, 2026
S.O. 87(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 “Mussoorie Dehradun Development Authority”, (PAN: AAAAM4651Q) (hereinafter referred to as “the
assessee”), an authority constituted under the Uttar Pradesh Urban Planning Development Act, 1973 (President’s Act
11 of 1973) and as regulated under the Uttarakhand Urban and Country Planning Development (Amendment) Act, 2013,
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 11 of 1973) and as regulated under the Uttarakhand Urban and Country Planning Development (Amendment) Act,
2013 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. 03 /2026 F. No. 300195/14/2024-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.
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and Published by the Controller of Publications, Delhi-110054.