Specification of Infrastructure Businesses for Income-tax Act Purposes
CBDT notification 70/2026 F. No. 500/Misc./S10(23FE)/FT&TR-II · 01 Jun 2026
Official title
notification no. 70/2026 f. no. 500/misc./s10 23fe /ft tr ii / so 2768 e
Official record
Open source pageSummary
Check the official recordWhat changed
The Central Board of Direct Taxes has specified certain businesses for the purposes of Schedule V (Table: Sl. No. 7) of the Income-tax Act, 2025. This applies to businesses, excluding those specified in Note 5(d)(i) of the Schedule, that are engaged in infrastructure sub-sectors as defined in the Updated Harmonised Master List of Infrastructure sub-sectors issued by the Department of Economic Affairs on September 19, 2025. The notification formalizes the eligibility of these infrastructure-related businesses under the specified tax provision.
Key dates
- Effective from
- 01 Jun 2026
- Effective date of the notification
- 01 Jun 2026
Who is affected
- Businesses engaged in infrastructure sub-sectors as per the Updated Harmonised Master List
Document text
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 1st June, 2026
S.O. 2768(E).— In exercise of the powers conferred by section 11(5) read with Note 5(d)(ii) of Schedule V [Table: Sl. No. 7] of the Income-tax Act, 2025 (30 of 2025), the Central Government hereby specifies the business (other than the business specified in Note 5(d)(i) of the said Schedule), which is engaged in the infrastructure sub-sectors mentioned in the Updated Harmonised Master List of Infrastructure sub-sectors, in the notification of the Government of India in the Ministry of Finance, Department of Economic Affairs number F.No.13/1/2025-IPP, dated the 19th September, 2025, published in Gazette of India, Extraordinary, Part I, Section 1, as a business for the purposes of Schedule V [Table: Sl. No. 7] of the said Act.
- This notification shall come into force from the date of its publication in the Official Gazette.
[No. 70/2026/F. No. 500/Misc./S10(23FE)/FT&TR-II] SYAMA SAJI, Under Secy.
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.
Source details
- Source
- Central Board of Direct Taxes / Income Tax Department
- Type
- notification
- Published by source
- 01 Jun 2026
- Document number
- 70/2026 F. No. 500/Misc./S10(23FE)/FT&TR-II
- Issuing division
- Central Board of Direct Taxes
- Effective date
- 01 Jun 2026
- Coverage area
- direct-tax