**Executive Summary**
This notification, issued by the Ministry of Finance on August 4, 2026, grants tax exemptions to the ‘Noida Special Economic Zone Authority’ for specific income streams under the Income-tax Act, 1961. The exemption is applicable for the financial years 2023-24 to 2025-2026 (Assessment Years 2024-25 to 2026-27). The Authority must adhere to strict non-commercial conditions and filing requirements to maintain this status.
**Key Points / Main Content**
**Legal Framework and Transition**
* The notification is issued in pursuance of the Income-tax Act, 1961, and acknowledges the repeal of the 1961 Act by the Income-tax Act, 2025.
* Savings clauses in the 2025 Act ensure that rights, liabilities, and pending proceedings initiated under the 1961 Act remain valid and will be processed according to the earlier Act's procedures.
**Exempted Income Categories**
The following types of income arising to the Noida Special Economic Zone Authority are notified as exempt:
* Lease rent and interest from banks on Fixed Deposit Receipts (FDRs).
* Receipts from identity cards and permit fees.
* Allotment fees for standard design factories and transfer charges for plots/buildings.
* Auction or bid amounts from vacant plots/buildings.
* Processing fees for building plan approvals and fees for Form-I (exemption of building plans).
* Site usage charges from service providers and proceeds from the sale of miscellaneous scrap or waste.
**Mandatory Conditions for Exemption**
* The Authority is prohibited from engaging in any commercial activity.
* The nature of the Authority's activities and the specified income must remain unchanged throughout the relevant financial years.
* The Authority must file an annual return of income in accordance with section 139(4C)(g) of the Income-tax Act, 1961.
**Non-Compliance and Retrospective Effect**
* Failure to meet the specified conditions will result in the withdrawal of the exemption and the initiation of penal actions.
* The notification is applied retrospectively to cover the period starting from the financial year 2023-24.
**Impact Analysis**
**Noida Special Economic Zone Authority**
**Impact**
The Authority receives a legal exemption from paying income tax on ten specific categories of revenue for three consecutive financial years. This provides significant tax relief and financial certainty for its operations during the transition between the 1961 and 2025 Tax Acts.
**Action Required**
The Authority must ensure it does not participate in commercial ventures and must maintain the consistency of its income nature. It is required to file tax returns for the Assessment Years 2024-25 through 2026-27 to remain compliant.
**Income-tax Department (Central Board of Direct Taxes)**
**Impact**
The department is responsible for overseeing the transition of proceedings from the repealed 1961 Act to the 2025 Act. It retains the authority to monitor the Noida SEZ Authority’s compliance and revoke exemptions if conditions are breached.
**Action Required**
Tax authorities must process the Authority's returns under the specific provisions of section 139(4C)(g) and ensure that no taxes are levied on the exempted categories of income for the specified period, provided all conditions are met.
Key Entities Referenced
Noida Special Economic Zone Authority: The specific entity notified for tax exemption on several categories of specified income, including lease rent, interest on deposits, and various service fees.
Income-tax Act, 1961: The primary legislation under which Section 10(46) provides for the exemption of specified income for certain notified bodies and authorities.
Income-tax Act, 2025: The repealing legislation that succeeds the 1961 Act, containing savings clauses (Section 536) to maintain the validity of existing proceedings and notifications.
Central Board of Direct Taxes (CBDT): The primary regulatory body under the Ministry of Finance responsible for administering direct tax laws and issuing this notification.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-04082026-275174
xxxGIDHxxx
CG-DLxx-ExG-I0D4E0x8x2x0 26-275174
असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 4143] िई कदल्ली, मगं लिार, अगस्ट्त 4, 2026/श्रािण 13, 1948 25/आषाढ़ 3, 1947
No. 4143] NEW DELHI, TUESDAY, AUGUST 4, 2026/SHRAVAN 13, 1948 SHADHA 3, 1947
वित्त मत्रं ालय
(राजस्ि विभाग)
(केंद्रीय प्रत्यक्ष कर बोर्ड)
अविसचू ना
नई दिल्ली, 4 अगस्त, 2026
का.आ. 4319(अ).— िहां कक आयकर अविवनयम, 1961 (1961 का 43) की िारा 10 (46) म ें कुछ वनकायों या
प्राविकरणों या बोर्ों या ट्रस्टों या आयोगों की जिजिर्दिष्ट आय पर छूट का प्रािधाि दकया गया ह,ै जैसा दक केंद्र सरकार
द्वारा इस िारा के प्रयोजनों के वलए सरकारी राजपत्र म ें अविसवू चत दकया िाए;
और िहां दक, आयकर अविवनयम, 1961 (1961 का 43) को आयकर अविवनयम, 2025 (2025 का 30) की
िारा 536 (1) द्वारा वनरस्त कर दिया गया ह;ै
और िहांकक, आयकर अविवनयम, 2025 (2025 का 30) की िारा 536(2)(क) और (ख) म,ें अन्य बातों के साथ-
साथ, यह प्रािधाि ह ै दक आयकर अविवनयम, 1961 (1961 का 43) (एतजममि पश्चात 1961 के अविवनयम के रूप म ें
संिर्भडत) के वनरसन के बािजूि और उसकी उप-िारा (4) के अिीन रहते हुए, जिम्न पर कोई प्रभाि नहीं पडगे ा-
(i) 1961 के अविवनयम के प्राििानों का वपछला संचालन उसके तहत विविित रूप से िारी दकया गया कोई
आिेश या ककया गया कोई कायि या सहि की गई कोई बात; या
(ii) 1961 के अविवनयम या इस अविवनयम के तहत िारी आिेशों के तहत प्राप्त, अर्जडत ककया गया कोई भी
अविकार, विशेषाविकार, िावयत्ि या देयता;
6002 GI/2026 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
और िहां कक, आयकर अविवनयम, 2025 (2025 का 30) की िारा 536(2)(ग) म ें प्राििान ह ै दक 1961 के इस
अविवनयम के प्राििान आयकर अविवनयम, 2025 (2025 का 30) के शुरू होन े की तारीख को लंवबत दकसी भी कायडिाही
पर और 1 अप्रलै , 2026 स े पहल े प्रारंभ होि े िाल े ककसी भी कर िष ि के संबंध म ें 1 अप्रलै , 2026 को या उसके बाि शरूु की
गई दकसी भी कायडिाही (िोटिस मूल्यांकन, पुनमल्ूड यांकन, पनु गडणना, सुिार, जुमाडना, संिभ,ड संशोिन और अपील सजहत)
पर लाग ूरहगें े और ऐसी कायडिाही 1961 के अविवनयम म ेंजिजिर्दिष्ट प्रदिया के अनुसार की जाएगी;
और िहा ं कक, आयकर अविवनयम, 2025 (2025 का 30) की िारा 536(2)(अ) म ें यह प्राििान ह ै दक दकसी भी
आयकर प्राविकरण या वनरस्त आयकर अविवनयम के तहत गठित दकसी अन्य प्राविकरण, अपीलीय न्यायाविकरण, या
दकसी भी अिालत के समक्ष इसके शुरू होन े की तारीख को आिेिन, अपील, संिभ ड या संशोिन के माध्यम स े लंजबत कोई
कायििाही को उसी प्रकार, जारी रखा जाएगा और वनपटाया जाएगा जैसे दक यह अविवनयम अविवनयवमत ही ि ककया गया
ह;ै
अतः अब, आयकर अविवनयम, 2025 (2025 का 30) की िारा 536(2)(क) स े (ग) और (ङ) के प्राििानों के
अिुपालि म,ें केंद्र सरकार, एतद्द्वारा 1961 के अविवनयम की िारा 10 (46) के प्रयोजनों के वलए, 'नोएर्ा विशेष आर्थडक
क्षेत्र प्राविकरण' (पैन: AAALN0639A), िो कक भारत सरकार द्वारा गठित एक प्राविकरण ह ै को उस प्राविकरण को होन े
िाली वनम्नवलवखत विजिजिर्दिष्ट आय के संबंि म,ें अविसूवचत करती ह,ै यथा:-
(क) पट्टे का दकराया;
(ख) एफर्ीआरएस पर बैंकों स ेवमलने िाला ब्याज;
(ग) आई कार्ड स ेप्रावप्तयां और परवमट शल्ु क;
(घ) मानक वर्जाइन कारखानों के संबंि म ेंआिंटन शुल्क;
(ङ) खाली पडे भूखंर्ों/भिनों के संबंि म ेंनीलामी/बोली रावश;
(च) भूखर्ं /भिन के संबंि म ेंअतं रण प्रभार;
(छ) भिन योजनाओं की छूट के वलए फॉम-ड I जारी करने हते ु शल्ु क;
(ज) भिन योजनाओं के अनुमोिन के वलए प्रसंस्करण शल्ु क;
(झ) सेिा प्रिाताओं स ेसाइट उपयोग शल्ु क; तथा
(ञ) विविि स्िैप/अपवशष्ट की वबिी से।
2. यह अविसूचना इन शतों के अिीन प्रभािी होगी दक नोएर्ा विशेष आर्थडक क्षत्रे प्राविकरण -
(क) दकसी भी िावणवययक गवतविवि म ें संलग्न नहीं होगी;
(ख) की गवतविवियााँ और विजिजिर्दिष्ट आय की प्रकृवत परू े वित्तीय िषों म ें अपठरिर्तडत रहगे ी; तथा
(ग) 1961 के अविवनयम की िारा 139 (4 ग) (छ) के प्राििानों के अनुसार आय की वििरणी िावखल करेगी।
3. इन शतों का पालन करने म ें विफलता कक जस्ट्थजत 1961 के अविवनयम के प्राििानों के तहत िंर्ात्मक कारडिाई शरूु की
जाएगी, और 1961 के अविवनयम की िारा 10(46) के तहत िी गई छूट िापस ले ली जाएगी।
4. यह अविसूचना वित्तीय िष ड 2023-24 स े 2025-2026 स े संबंजधत जिधािरण िष ड 2024-25 स े 2026-27 के वलए लाग ू
मानी जाएगी।
[अविसूचना स.ं 107 /2026 /फा.सं. 300196/65/2018-आईटीए-I]
हरिेि ससंह, अिर सवचि
स्ट्पष्टीकरण-ज्ञापन
प्रमावणत दकया जाता ह ै दक इस अविसूचना को पूिडव्यापी प्रभाि (बोर्ड या आयकर विभाग के समक्ष िायर आिेिन के िष ड
स)े िेकर दकसी भी व्यवि के वहतों पर प्रवतकूल प्रभाि नहीं पड रहा ह।ै[भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 3
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 4th August, 2026.
S.O. 4319(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, the Income-tax Act, 1961 (43 of 1961) was repealed by section 536 (1) of the
Income-tax Act, 2025 (30 of 2025);
And whereas, section 536(2)(a) and (b) of the Income-tax Act, 2025 (30 of 2025), inter alia,
provides that irrespective of the repeal of the Income-tax Act, 1961 (43 of 1961) (hereinafter referred to as
the Act of 1961) and subject to sub-section (4) thereof, nothing shall affect-
(i) the previous operation of the provisions of the Act of 1961 and any order or anything duly done
or suffered thereunder; or
(ii) any right, privilege, obligation or liability acquired, accrued or incurred under the Act of 1961
or orders under that Act;
And whereas, section 536(2)(c) of the Income-tax Act, 2025 (30 of 2025) provides that the
provisions of the Act of 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
1st 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 carried out as per the procedure specified in the Act of 1961;
And whereas, section 536(2)(e) of the Income-tax Act, 2025 (30 of 2025) provides that any
proceeding pending on the date of its commencement before any income-tax authority or any other
authority constituted under the repealed Income-tax Act, Appellate Tribunal, or any court, by way of
application, appeal, reference or revision or by any other means, shall be continued and disposed of as if
this Act had not been enacted;
Now, therefore, in pursuance of the provisions of section 536(2)(a) to (c) and (e) of the Income-tax
Act, 2025 (30 of 2025), the Central Government hereby notifies, for the purposes of section 10 (46) of the
Act of 1961, ‘Noida Special Economic Zone Authority’ (PAN: AAALN0639A), an Authority constituted
by the Government of India, in respect of the following specified income arising to that authority, namely:-
(a) Lease rent;
(b) Interest from banks on FDRS;
(c) Receipts from I Card and permit Fee;
(d) Allotment fee in respect of standard design factories;
(e) Auction/Bid amount in respect of plots/Buildings which fall vacant;
(f) Transfer charges in respect of plot/building;
(g) Fee for issue of Form-I for exemption of building plans;4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
(h) Processing fee for approval of building plans;
(i) Site usage charges from service providers; and
(j) From the sale of miscellaneous scrap/waste.
2. This notification shall be effective subject to the conditions that the Noida Special Economic Zone
Authority -
(a) shall not engage in any commercial activity;
(b) its activities and the nature of the specified income shall remain unchanged throughout the
financial years; and
(c) shall file return of income in accordance with the provisions of section 139(4C) (g) of the Act of
1961.
3. Failure to comply with these conditions shall result in the initiation of penal actions under the provisions
of the Act of 1961, and withdrawal of exemption granted under section 10(46) of the Act of 1961.
4. This notification shall be deemed to have been applied for assessment years 2024-25 to 2026-27 relevant
for the financial years 2023-24 to 2025-2026.
[Notification No. 107 /2026/ F. No. 300196/65/2018-ITA-I]
HARDEV SINGH, Under Secy.
Explanatory Memorandum
It is certified that the interests of no person are being adversely affected by giving retrospective effect [with
effect from the year of application filed before the Board or Income-tax 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.