Income Tax Exemption Notification to Greater Ludhiana Area Development Authority [Read Notification]:

Income Tax Exemption Notification to Greater Ludhiana Area Development Authority [Read Notification]

Income Tax Dept has granted tax exemption to the Greater Ludhiana Area Development Authority under section (46A) (b) of the Income Tax Act

CBDT Notifies Tax Exemption to Greater Ludhiana Area Development Authority

authorVanshika vermadateJul 23, 2025
Last update on Jul 23, 2025
Income Tax Exemption Notification to Greater Ludhiana Area Development Authority [Read Notification] The Central Board of Direct Taxes has recently issued a notice of section 10 (46A) (b) of the Income Tax Act, 1961 to the Greater Ludhiana Area Development Authority under the Punjab Regional and Town Planning and Development Act, 1995 for the objective of the said clause.

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 There is one condition that the authority must continues to operate under the Punjab Regional and Town Planning and Development Act, 1995 with one or more of the objective specified in sub clause (a) of clause (46A) of section 10 of the Income-tax Act, 1961.

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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.
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