Notification Schedule III (Table Sl No 36) read with Section 11 of the Income Tax Act, 2025 (30 of 2025) in the case of Noida Special Economic Zone Authority
The Central Board of Direct Taxes, through Notification No. 108/2026-Income Tax dated 4 August 2026, notified the Noida Special Economic Zone Authority (PAN: AAALN0639A), an authority constituted by the Government of India, for the purposes of Schedule III [Table: Sl. No. 36] read with Section 11 of the Income-tax Act, 2025. The notification covers specified income comprising lease rent, interest from banks on FDRs, receipts from I Card and permit fees, allotment fees for standard design factories, auction/bid amounts for vacant plots/buildings, transfer charges for plots/buildings, fees for issue of Form-I for exemption of building plans, processing fees for approval of building plans, site usage charges from service providers, and sale of miscellaneous scrap/waste. The notification is subject to the conditions that the Authority does not engage in any commercial activity, files its return of income in accordance with Section 263(9)(c)(xiii) of the Income-tax Act, 2025, and that its activities and the nature of the specified income remain unchanged throughout the tax years. Failure to comply with these conditions will result in withdrawal of the exemption and initiation of proceedings under the Act. The notification applies for tax years 2026–27 and 2027–28.
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
Notification No. 108/2026-Income Tax | Dated: 4th August, 2026
S.O. 4320(E).— In exercise of the powers conferred by Schedule III [Table: Sl. No.36] read with Section 11 of the Income-tax Act, 2025 (30 of 2025), (hereinafter referred to as the said Act), the Central Government hereby notifies for the purposes of the said clause, ‘Noida Special Economic Zone Authority’ (PAN: AAALN0639A), an Authority constituted by the Government of India, in respect of the following specified income arising to that authority, namely,:-
a. Lease rent;
b. Interest from banks on FDRS;
c. Receipts from I Card and permit Fee;
d. Allotment fee in respect of standard design factories;
e. Auction/Bid amount in respect of plots/Buildings which fall vacant;
f. Transfer charges in respect of plot/building;
g. Fee for issue of Form-I for exemption of building plans;
h. Processing fee for approval of building plans;
i. Site usage charges from service providers; and
j. From the sale of miscellaneous scrap/waste.
2. This notification shall be effective subject to the conditions that ‘Noida Special Economic Zone Authority –
i. shall not engage in any commercial activity;
ii. shall file return of income in accordance with the provision of section 263(9)(c)(xiii) of the said Act, 2025; and
iii. activities and the nature of the specified income shall remain unchanged throughout the tax years.
3. Failure to comply with the conditions specified in paragraph 2 shall result in withdrawal of exemption under Schedule III [Table: Sl. No. 36] read with section 11 and initiation of proceedings under the said Act.
4. This notification shall be applicable for tax years 2026-27 and 2027-28.
[Notification No. 108 /2026 /F. No. 300196/65/2018-ITA-I]
HARDEV SINGH, Under Secy.
