Home India Ministry of Finance Notification under section 10(46A) of Income Tax Act, 1961 i...
Date: 2026-01-19 Category: Extra Ordinary State: Union Government Country: India

Notification under section 10(46A) of Income Tax Act, 1961 in the case of Agra Development Authority

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

**Executive Summary** This document is a notification from the Ministry of Finance, Department of Revenue, Government of India, issued on January 19, 2026. It notifies the "Agra Development Authority" as an authority for the purposes of clause (46A) of section 10 of the Income-tax Act, 1961. The notification is effective from the assessment year 2024-25. **Key Points / Main Content** * **Notification Details:** * Issued by the Central Board of Direct Taxes (CBDT), Ministry of Finance. * Notification Number: S.O. 262(E) * Dated: January 19, 2026 * **Subject of Notification:** * "Agra Development Authority" (PAN: AAALA0081F) is notified under clause (46A) of section 10 of the Income-tax Act, 1961. * The Agra Development Authority is constituted under the Uttar Pradesh Urban Planning & Development Act, 1973 (President's Act No. 11 of 1973). * **Effective Date and Condition:** * The notification is effective from the assessment year 2024-25. * The notification remains valid as long as the Agra Development Authority continues to be an authority constituted under the Uttar Pradesh Urban Planning & Development Act, 1973, for one or more purposes specified in sub-clause (a) of clause (46A) of section 10 of the Income-tax Act. * **Impact Statement:** * Giving retrospective effect to this notification does not adversely affect any person. **Impact Analysis** **Agra Development Authority:** * **Impact:** Recognized for specific exemptions under Section 10 of the Income Tax Act. * **Action Required:** Must continue to operate as an authority under the Uttar Pradesh Urban Planning & Development Act, 1973, with purposes specified in sub-clause (a) of clause (46A) of section 10 of the Income-tax Act, to maintain this status.

Key Entities Referenced

Income-tax Act, 1961: The primary law under which the notification about tax exemption for the Agra Development Authority is issued. Agra Development Authority: The entity receiving the tax exemption benefit under section 10 (46A) of the Income-tax Act, 1961. Ministry of Finance: The ministry issuing the notification through its Department of Revenue. Central Board of Direct Taxes: The board within the Ministry of Finance responsible for issuing the notification. Uttar Pradesh Urban Planning & Development Act, 1973: The law under which the Agra Development Authority was constituted.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-19012026-269433 xxxGIDHxxx CG-DLxx-ExG-I1D9E0x1x2x0 26-269433 असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 234] नई दिल्ली, सोमिार, िनिरी 19, 2026/पौष 29, 1947 No. 234] NEW DELHI, MONDAY, JANUARY 19, 2026/PAUSHA 29, 1947 जित्त मत्रं ालय (रािस्ट्ि जिभाग) (केन्द्रीय प्रत्यक्ष कर बोडड) अजधसचू ना नई दिल्ली, 19 िनिरी, 2026 का.आ. 262(अ).— केंर सरकार आयकर अजधजनयम, 1961 (1961 का 43) की धारा 10 के खंड (46क) के उपखडं (ख) (एतजममन् पश्चात ् जिसे “आयकर अजधजनयम” कहा गया ह)ै द्वारा प्रित्त िजियों का प्रयोग करत े हुए, एतद्द्वारा “आगरा जिकास प्राजधकरण” (पनै : AAALA0081F) (एतजममन् पश्चात् जिसे “जनधाडररती” कहा गया ह)ै , उत्तर प्रिेि िहरी जनयोिन एिं जिकास अजधजनयम, 1973 (राष्ट्रपजत अजधजनयम संख्या 11/1973) के तहत गरित एक प्राजधकरण, को उि खंड के प्रयोिनों के जलए अजधसूजचत करती ह।ै 370 GI/2026 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] 2. यह अजधसूचना कर जनधाडरण िषड 2024-25 से प्रभािी होगी, बिते दक जनधाडररती आयकर अजधजनयम की धारा 10 के खंड (46क) के उपखडं (क) म ें जिजनर्िडष्ट दकसी एक या एक स े अजधक प्रयोिनों स े उत्तर प्रिेि िहरी जनयोिन एि ं जिकास अजधजनयम, 1973 (राष्ट्रपजत अजधजनयम संख्या 11/1973) के तहत गरित प्राजधकरण बना रह।े [अजधसूचना स.ं 10 /2026/फा. सं. 300195/67/2024-आईटीए-I] हरिेि ससंह, अिर सजचि स्ट्पष्टीकरण ज्ञापन यह प्रमाजणत दकया िाता ह ै दक इस अजधसूचना को भूतलक्षी प्रभाि (बोडड/जिभाग के समक्ष आिेिन दकए िाने के िषड स े प्रभािी) िे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 19th January, 2026 S.O. 262(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 “Agra Development Authority” (PAN: AAALA0081F) (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 2024-25, 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. 10 /2026/F. No. 300195/67/2024-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.

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