Notification under section 10(46A) of Income Tax Act, 1961 in the case of Aligarh Development Authority
The Central Government, acting through the Central Board of Direct Taxes, issued Notification No. 8/2026 dated 19 January 2026, notifying the Aligarh Development Authority for the purposes of Section 10(46A) of the Income-tax Act, 1961. The Authority, constituted under the Uttar Pradesh Urban Planning and Development Act, 1973, has been recognised as an eligible authority for income-tax exemption under the specified clause. The notification is applicable from assessment year 2025-26, subject to the condition that the Authority continues to be constituted under the said State legislation and carries out one or more purposes specified under Section 10(46A)(a) of the Act. The accompanying Explanatory Memorandum clarifies that the retrospective effect from the year of application does not adversely affect any person. The notification was issued by the Department of Revenue, Ministry of Finance.
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
Notification No. 8/2026-Income Tax | Dated: 19th January, 2026
S.O. 260(E).—In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961 (43 of 1961), (hereinafter referred to as “the Income-tax Act”), the Central Government hereby notifies “Aligarh Development Authority” (PAN:AAALA0082G) (hereinafter referred to as “the assessee”), an authority constituted under the Uttar Pradesh Urban Planning and Development Act, 1973 (President’s Act No.11 of 1973), for the purposes of the said clause.
2. This notification shall be effective from the assessment year 2025-26, subject to the condition that the assessee continues to be an authority constituted under the Uttar Pradesh Urban Planning and Development Act, 1973 (President’s Act No.11 of 1973), with one or more of the purposes specified in sub-clause (a) of clause (46A) of section 10 of the Income-tax Act.
[Notification No. 8 /2026/F. No. 300195/4/2025-ITA-I]
HARDEV SINGH, Under Secy.
Explanatory Memorandum
It is certified that no person is being adversely affected by giving retrospective effect (with effect from the year of application made before the Board/Department) to this notification.
