This is a notification from the Ministry of Finance (Department of Revenue), Central Board of Direct Taxes, issued in New Delhi on December 4, 2025. Designated as S.O. 5599(E), it announces the Central Government's decision to notify the "Jalandhar Development Authority" (PAN: AAALC0454G) as an entity under sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961. The Jalandhar Development Authority is established under the Punjab Regional and Town Planning and Development Act, 1995 (Punjab Act No. 11 of 1995). This notification is effective from the assessment year 2024-25, contingent upon the Jalandhar Development Authority remaining an authority under the Punjab Act with specified purposes under sub-clause (a) of clause (46A) of section 10 of the Income-tax Act. The notification number is 167/2025/F.No.300195/18/2024-ITA-I, and it is signed by Hardev Singh, Under Secretary. The notification clarifies that it does not have any adverse effect on any person due to its retrospective effect.
Key Entities Referenced
Income-tax Act, 1961: The central law governing income tax in India, referenced for its section 10(46A) under which the notification is issued.
Jalandhar Development Authority: The authority being notified under the Income-tax Act, 1961, section 10(46A) for specific purposes.
Punjab Regional and Town Planning and Development Act, 1995: Act under which Jalandhar Development Authority is constituted.
Ministry of Finance: The ministry issuing the notification through the Department of Revenue and Central Board of Direct Taxes.
Central Board of Direct Taxes: The board within the Department of Revenue of the Ministry of Finance that is responsible for the notification.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-04122025-268230
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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.ं 5411] नई दिल्ली, बृहस्ट्प जतिार, दिसम्ब र 4, 2025/अग्रहायण 13, 1947
No. 5411] 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. 5599(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
“िालंधर जिकास प्राजधकरण” (पैन: AAALC0454G) (इसम ें इसके पश्चात “जनधाडररती” के रूप में संिर्भडत) िो, पंिाब
क्षेत्रीय तथा नगर जनयोिन तथा जिकास अजधजनयम, 1995 (िर्ड 1995 का पंिाब अजधजनयम संख्या 11) के तहत गरित
एक प्राजधकरण ह,ै को उि खंड के प्रयोिनों के जलए अजधसूजचत करती ह।ै
8161 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 पंिाब क्षेत्रीय तथा नगर जनयोिन
एिं जिकास अजधजनयम, 1995 (िर्ड 1995 का पंिाब अजधजनयम संख्या 11) के तहत गरित एक प्राजधकरण बना रहगे ा,
जिसका आयकर अजधजनयम की धारा 10 के खडं (46क) के उप-खंड (क) में जनर्िष्टड एक या एक से अजधक प्रयोिन ह।ैं
[अजधसूचना स.ं 167 /2025/फा. सं. 300195/18/2024-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. 5599(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 “Jalandhar Development Authority" (PAN: AAALC0454G) (hereinafter referred to as “the assessee”), an
authority constituted under the Punjab Regional and Town Planning and Development Act, 1995 (Punjab Act No. 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 under the Punjab Regional and Town Planning and Development Act, 1995
(Punjab Act No. 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. 167 /2025/F.No.300195/18/2024-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.
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