Home India Ministry of Finance Notification u/s 10(46A) of the Income Tax Act, 1961 in the ...
Date: 2025-12-04 Category: Extra Ordinary State: Union Government Country: India

Notification u/s 10(46A) of the Income Tax Act, 1961 in the case of Ajmer Development Authority

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

The Ministry of Finance (Department of Revenue), Central Board of Direct Taxes, issued notification S.O. 5600(E) on December 4, 2025. This notification, issued in New Delhi, declares the "Ajmer Development Authority" (PAN: AAALS0528D) as an authority constituted under the Ajmer Development Authority, Act, 2013 (Act No. 39 of 2013) for the purposes of clause (46A) of section 10 of the Income-tax Act, 1961. This notification is effective from the assessment year 2024-25, provided that the Ajmer Development Authority continues to be constituted under the same Act with one or more of the purposes specified in sub-clause (a) of clause (46A) of section 10 of the Income-tax Act. The notification number is 168/2025/F.No.300195/26/2024-ITA-I, signed by Hardev Singh, Under Secretary. The notification will not have retrospective effect on any individual.

Key Entities Referenced

Income-tax Act, 1961: The primary law under which the notification is issued, specifically referencing section 10 clause (46A). Ajmer Development Authority: The entity being notified under the Income-tax Act, 1961, for tax exemption purposes. Ajmer Development Authority, Act, 2013: The Act under which the Ajmer Development Authority was established. Ministry of Finance: The Ministry responsible for issuing the notification related to tax exemption. Central Board of Direct Taxes: The department under the Ministry of Finance that issued the notification.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-04122025-268231 CG-DLxx-xEG-I0D4H1x2x2x0 25-268231 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 5412] नई दिल्ली, बृहस्ट्प जतिार, दिसम्ब र 4, 2025/अग्रहायण 13, 1947 No. 5412] NEW DELHI, THURSDAY, DECEMBER 4, 2025/AGRAHAYANA 13, 1947 जित्त मत्रं ालय (रािस्ट्ि जिभाग) (केन्द्रीय प्रत्यक्ष कर बोडड) अजधसचू ना नई दिल्ली, 4 दिसम् बर, 2025 का.आ. 5600(अ).— केंर सरकार, आयकर अजधजनयम, 1961 (1961 का 43) (इसम ें इसके पश्चात "आयकर अजधजनयम" के रूप में संिर्भडत) की धारा 10 के खंड (46क) के उप-खंड (ख) द्वारा प्रित्त िजियों का प्रयोग करते हुए, एतद्द्वारा "अिमेर जिकास प्राजधकरण" (पनै : AAALS0528D) (इसमें इसके पश्चात “जनधाडररती” के रूप में संिर्भडत) िो अिमेर जिकास प्राजधकरण, अजधजनयम, 2013 (िर्ड 2013 का अजधजनयम संख्या 39) के द्वारा, गरित एक प्राजधकरण ह,ै को उि खंड के प्रयोिनों के जलए अजधसूजचत करती ह।ै 8162 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] 2. यह अजधसूचना कर जनधाडरण िर्ड 2024-25 स े प्रभािी होगी बिते, दक जनधाडररती अिमेर जिकास प्राजधकरण, अजधजनयम, 2013 (अजधजनयम संख्या 39, 2013) के तहत गरित प्राजधकरण बना रह,े जिसका आयकर अजधजनयम की धारा 10 के खंड (46क) के उपखंड (क) में जनर्िष्टड एक या एक स ेअजधक प्रयोिन ह।ैं [अजधसूचना स.ं 168 /2025/फा. सं. 300195/26/2024-आईटीए-I] हरिेि ससंह, अिर सजचि व्याख्यात्मक ज्ञापन यह प्रमाजणत दकया िाता ह ैदक इस अजधसूचना को पूिडव्यापी प्रभाि िेने से दकसी भी व्यजि पर प्रजतकूल प्रभाि नहीं पडगे ा। MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 4th December, 2025 S.O. 5600(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 "Ajmer Development Authority" (PAN: AAALS0528D) (hereinafter referred to as “the assessee”), an authority constituted under the Ajmer Development Authority, Act, 2013 (Act No.39 of 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 Ajmer Development Authority, Act, 2013 (Act No.39 of 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. 168 /2025/F.No.300195/26/2024-ITA-I] HARDEV SINGH, Under Secy. Explanatory Memorandum It is certified that no person is being adversely affected by giving retrospective effect 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.

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