The Central Government has granted tax exemption to the Ghaziabad Development Authority (GDA) via a CBDT notification under Section 10(46A) of the Income-tax Act, 1961.
Vanshika verma | Sep 16, 2025 |
CBDT Notifies Tax Exemption to Ghaziabad Development Authority u/s 10 of Income-tax Act
The Central Board of Direct Taxes (CBDT) under the Ministry of Finance has recently issued an official notification dated September 15, 2025, in exercise of powers granted under Section 10 and clause (46A)(b) of the Income-tax Act, 1961 (43).
Through the notification, the Central Government has notified the Ghaziabad Development Authority, established under the Uttar Pradesh Urban Planning and Development Act, 1973, as tax-exempt under certain conditions.
The exemption will only apply on condition that the Ghaziabad Development Authority continues to be an authority established under the Uttar Pradesh Urban Planning and Development Act, 1973, with one or more of the reasons mentioned in Section 10 and clause (46A) (a) of the Income-tax Act.
Note: This notification will be effective from the assessment year 2024-2025.
For complete information, refer to the below-mentioned notification-
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