This notification, S.O. 3362(E), issued by the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, effective July 22, 2025, notifies the Moradabad Development Authority (PAN: AAJFM7731M) for the purposes of clause 46A of section 10 of the Income-tax Act, 1961. The Moradabad Development Authority, constituted under the Uttar Pradesh Urban Planning Development Act, 1973 (Presidents Act No. 11 of 1973), is now recognized under this provision. This notification is effective from the assessment year 2024-2025, contingent upon the assessee's continued status as an authority constituted under the Uttar Pradesh Urban Planning Development Act, 1973 (Presidents Act No. 11 of 1973) with purposes specified in subclause (a) of clause 46A of section 10 of the Income-tax Act. The notification number is 121/2025/F. No. 30019546/2024-ITAI. The issuing authority is Meenakshi Singh, Dy. Secy.
Key Entities Referenced
Income-tax Act, 1961: A law referenced in the notification, specifically section 10 and clause 46A.
Central Board of Direct Taxes: A department of the Ministry of Finance responsible for the notification.
Ministry of Finance: The government ministry issuing the notification through the Department of Revenue.
Moradabad Development Authority: The assessee being notified under the Income-tax Act, 1961.
Uttar Pradesh Urban Planning Development Act, 1973: The act under which the Moradabad Development Authority is constituted.
New Delhi: The location where the notification was issued.
Department of Revenue: A department of the Ministry of Finance
Mayapuri, New Delhi: Location of Government of India Press
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-22072025-264890
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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.ं 3289] नई दिल्ली, मगं लिार, िुलाई 22, 2025/आषाढ़ 31, 1947
No. 3289] NEW DELHI, TUESDAY, JULY 22, 2025/ASHADHA 31, 1947
जित्त मत्रं ालय
(रािस्ट्ि जिभाग)
(केन्द्रीय प्रत्यक्ष कर बोडड)
अजधसचू ना
नई दिल्ली, 22 िुलाई, 2025
का.आ. 3362(अ).— आयकर अजधजनयम, 1961 (1961 का 43) (इसम ें इसके पश्चात "आयकर अजधजनयम" के
रूप में संिर्भडत) की धारा 10 के खंड (46ए) के उपखंड (ख) द्वारा प्रित्त िजियों का प्रयोग करते हुए, केंर सरकार एतद्द्वारा
“मुरािाबाि जिकास प्राजधकरण” (पैन: AAJFM7731M) (इसमें इसके पश्चात " जनधाडररती " के रूप म ेंसंिर्भडत), उत्तर प्रिेि
िहरी जनयोिन एि ंजिकास अजधजनयम,1973 (राष्ट्रपजत का अजधजनयम संख्या 11, 1973) के अतंगतड गरित एक प्राजधकरण
को उि खंड के प्रयोिनों के जलए अजधसूजचत करती ह।ै
4904 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
2. यह अजधसूचना जनधाडरण िषड 2024-2025 स ेप्रभािी होगी, बिते दक जनधाडररती आयकर अजधजनयम की धारा 10
के खंड (46ए) के उप-खडं (क) में जिजनर्िडष्ट एक या एक स े अजधक प्रयोिनों के साथ उत्तर प्रििे नगर जनयोिन एिं जिकास
अजधजनयम, 1973 (राष्ट्रपजत का अजधजनयम संख्या 11, 1973) के अतगं डत गरित एक प्राजधकरण बना रह।े
[अजधसूचना स.ं 121 /2025/फा. सं. 300195/46/2024-आईटीए-I]
मीनाक्षी ससंह, उप सजचि
व्याख्यात्मक ज्ञापन
यह प्रमाजणत दकया िाता ह ैदक इस अजधसूचना को पूिडव्यापी प्रभाि िे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 22nd July, 2025
S.O. 3362(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 “Moradabad Development Authority” (PAN: AAJFM7731M) (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 2024-2025, 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. 121/2025/F. No. 300195/46/2024-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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