Income Tax Exemption for Kota Development Authority
CBDT notification Notification No. 04 /2026/F. No. 300195/72/2024-ITA-I · 07 Jan 2026
Official title
notification no. 04 /2026 f. no. 300195/72/2024 ita i / so 100 e
Official record
Open source pageSummary
Check the official recordWhat changed
The Central Government notifies the Kota Development Authority as an authority for the purposes of section 10 clause 46A sub-clause b of the Income-tax Act 1961. This notification applies from the assessment year 2025-26. The authority must remain constituted under the Kota Development Authority Act 2023. It must also continue to perform one or more purposes specified in section 10 clause 46A sub-clause a of the Income-tax Act 1961.
What you must do
- The assessee must maintain its status as an authority under the Kota Development Authority Act 2023.
- The assessee must perform one or more purposes specified in section 10 clause 46A sub-clause a of the Income-tax Act.
Key dates
- Effective from
Document text
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 7th January, 2026
S.O. 100(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 “Kota Development Authority ”(PAN: AAAJK2043D) (hereinafter referred to as “the assessee”), an authority constituted under the Kota Development Authority Act, 2023 (Act No. 31 of 2023) for the purposes of the said clause.
- This notification shall be effective from the assessment year 2025-26, subject to the condition that the assessee continues to be an authority constituted under the Kota Development Authority Act, 2023 (Act No. 31 of 2023) 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. 04 /2026/F. No. 300195/72/2024-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.
Source details
- Source
- Central Board of Direct Taxes / Income Tax Department
- Type
- notification
- Published by source
- 07 Jan 2026
- Document number
- Notification No. 04 /2026/F. No. 300195/72/2024-ITA-I
- Issuing division
- Central Board of Direct Taxes
- Effective date
- 01 Apr 2025
- Coverage area
- direct-tax