CBDT Notifies Tax Exemption to Jalandhar Development Authority u/s 10(46A) of Income-tax Act:

The Central Government grants Jalandhar Development Authority income tax exemption under Section 10(46A) of Income Tax Act.

Jalandhar Development Authority Receives Income Tax Exemption

Vanshika verma

Dec 8, 2025

Last update on Dec 8, 2025

CBDT Notifies Tax Exemption to Jalandhar Development Authority u/s 10(46A) of Income-tax Act The Central Board of Direct Taxes (CBDT) under the Ministry of Finance recently issued an official notification (No. 167/2025), granting tax exemption to the Jalandhar Development Authority. The central government has taken this action in exercise of powers granted under Section 10 of the Income-tax Act, 1961 (43). The authority, Jalandhar Development Authority, is established under the Punjab Regional and Town Planning and Development Act, 1995, for the purpose of the said clause. This notification will be effective from the assessment year 2024-25, subject to the condition that the assessee continues to be an authority constituted under the Punjab Regional and Town Planning and Development Act, 1995, with one or more of the purposes mentioned in Section 10 (clause 46A) of the Income-tax Act.

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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.