CBDT Notifies Moradabad Development Authority for Exemption u/s 10(46A) w.e.f. AY 24‑25:

CBDT has issued a notice dated July 22, 2025, declaring Moradabad Development Authority income tax exempted, under clause (46A) (b) of the Income Tax Act, 1961.

Govt. Notifies Moradabad Development Authority Tax Exempted

Vanshika verma

Jul 23, 2025

Last update on Jul 23, 2025

CBDT Notifies Moradabad Development Authority for Exemption u/s 10(46A) w.e.f. AY 24‑25 The Central Board of Direct Taxes (CBDT) has recently issued a notice authorised by clause (46A) (b) of the Income Tax Act, 1961. The Central Government on July 22, 2025, notified the "Moradabad Development Authority" of income tax exemption. Moradabad Development Authority is an organisation which was incorporated under the Uttar Pradesh Urban Planning and Development Act, 1973. The notification specifies that the exemption will remain valid if the authority continues to be established under the Uttar Pradesh Urban Planning and Development Act 1973 with one or more of the objectives mentioned in clause (46A) (a) of section 10 of the Income Tax Act. Note: The notification shall be effective from the assessment year 2024-2025.

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Vanshika verma

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Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.