**Executive Summary**
The Ministry of Finance, through the Central Board of Direct Taxes, has issued notification S.O. 1577(E) to include the Patiala Urban Planning and Development Authority (PDA) under Section 10(46A)(b) of the Income-tax Act, 1961. This designation is effective from the assessment year 2024-25, provided the authority maintains its constitution under the Punjab Regional and Town Planning and Development Act, 1995. The notification carries retrospective effect from the date of application, with a certification that no party is adversely impacted by this timing.
**Key Points / Main Content**
**Official Designation**
* The Patiala Urban Planning and Development Authority (PDA), holding PAN AAALP0095J, is formally notified as an "assessee" under the Income-tax Act, 1961.
* The authority is recognized as being constituted under the Punjab Regional and Town Planning and Development Act, 1995 (Act 11 of 1995).
**Effective Dates and Timeline**
* The notification was officially published on March 25, 2026.
* The provisions are effective starting from the assessment year 2024-25.
* Retrospective effect is granted from the year the application was initially made to the Board or Department.
**Compliance Requirements**
* The notification remains valid only if the PDA continues to function as an authority under the Punjab Regional and Town Planning and Development Act, 1995.
* The PDA must fulfill one or more of the specific purposes outlined in sub-clause (a) of clause (46A) of section 10 of the Income-tax Act.
**Impact Analysis**
**Patiala Urban Planning and Development Authority (PDA)**
**Impact**
The PDA is now formally recognized under specific tax law provisions, establishing its status for assessment purposes starting from the 2024-25 assessment year.
**Action Required**
The PDA must ensure it continues to operate under the mandate of the Punjab Regional and Town Planning and Development Act, 1995, to satisfy the ongoing conditions of this notification.
**Central Board of Direct Taxes (CBDT) / Income Tax Department**
**Impact**
The department is responsible for implementing this notification and acknowledging the PDA’s status under Section 10(46A)(b) for relevant tax filings and assessments.
**Action Required**
Tax authorities must apply these provisions retrospectively to the year of the PDA's application and ensure compliance with the specified assessment years.
Key Entities Referenced
Patiala Urban Planning And Development Authority (PDA): The specific entity notified by the Central Government as an authority for the purposes of tax-related exemptions under the Income-tax Act.
Income-tax Act, 1961: The governing legislation under which the Central Government exercises power to notify specific authorities for tax provisions, specifically under Section 10(46A).
Punjab Regional and Town Planning and Development Act, 1995: The state law under which the Patiala Urban Planning And Development Authority was originally constituted.
Central Board of Direct Taxes (CBDT): The primary regulator within the Ministry of Finance responsible for issuing notifications and overseeing direct tax administration.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-25032026-271293
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असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 1512] नई दिल्ली, बधु िार , माच ड25, 2026/चत्रै 4, 1948 13, 1947 26/पौर् 17, 1947
No. 1512] NEW DELHI, WEDNESDAY, MARCH 25, 2026/CHAITRA 4, 1948 ss, 1947 /PAUSHA 17, 1947
जित्त मत्रं ालय
(रािस्ट्ि जिभाग)
(केन्द्रीय प्रत्यक्ष कर बोडड)
अजधसचू ना
नई दिल्ली, 25 माचड, 2026
का.आ. 1577(अ).— केंर सरकार, आयकर अजधजनयम, 1961 (1961 का 43) (एतजममन् पश्चात जिसे “आयकर
अजधजनयम” से संिर्भडत दकया गया ह)ै की धारा 10 के खंड (46ए) के उप-खंड (ख) द्वारा प्रित्त िजियों का प्रयोग करते हुए,
एतद्द्वारा, “पटियाला िहरी जनयोिन एिं जिकास प्राजधकरण” (पैन AAALP0095J) (एतजममन् पश्चात जिसे “जनधाडटरती” से
संिर्भडत दकया गया ह)ै , को उि खंड के प्रयोिन के जलए पंिाब क्षेत्रीय एिं नगर जनयोिन एिं जिकास अजधजनयम, 1995
(अजधजनयम 1995 का 11) के तहत गटित प्राजधकरण के रूप में अजधसूजचत करती ह।ै
2. यह अजधसूचना जनधाडरण िर्ड 2024-25 स ेप्रभािी होगी, बिते दक जनधाडटरती आयकर अजधजनयम की धारा 10
के खंड (46ए) के उपखंड (ए) में जनर्िडष्ट एक या अजधक उद्दमे यों के साथ पंिाब क्षेत्रीय और नगर जनयोिन एि ं जिकास
अजधजनयम, 1995 (अजधजनयम 1995 का 11) के तहत गटित प्राजधकरण बना रहता ह।ै
[अजधसूचना स.ं 30 /2026/फा.सं. 300195/21/2024-ITA-I]
हरिेि ससंह, अिर सजचि
2190 GI/2026 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
स्ट्पष्टीकरण ज्ञापन
प्रमाजणत दकया िाता ह ैदक इस अजधसूचना को पूिडव्यापी प्रभाि से (बोड/ड आयकर जिभाग के समक्ष आिेिन दकए िान े के
िर्ड से) लाग ूकरन े से दकसी भी व्यजि पर प्रजतकूल प्रभाि नहीं पड़ रहा ह।ै
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 25th March, 2026
S.O. 1577(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 the Patiala Urban Planning And Development Authority (PDA) [AAALP0095J] (hereinafter referred to as “the
assessee”), an authority constituted under the Punjab Regional and Town Planning and Development Act, 1995 (Act 11
of 1995), 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 the Punjab Regional and Town Planning and Development Act, 1995
(Act 11 of 1995) 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. 30 /2026 /F.No. 300195/21/2024-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.