The Central Board of Direct Taxes (CBDT), through Notification No. 26/2026 dated 24th March 2026, has notified Shree Ayodhya Jee Teerth Vikas Parishad under clause (46A)(b) of section 10 of the Income-tax Act, 1961. This notification grants the entity tax-exempt status, recognizing it as a statutory body constituted under the Uttar Pradesh Shree Ayodhya Jee Teerth Vikas Parishad Act, 2023. The exemption is applicable from Assessment Year 2025–26, subject to the condition that the entity continues to operate for specified purposes outlined under section 10(46A)(a). The notification ensures that the Parishad’s income qualifies for exemption, provided it adheres to its statutory objectives. Additionally, the explanatory memorandum clarifies that retrospective application of the notification, from the year of application filing, does not adversely affect any person. This move reinforces the government’s approach of granting tax exemptions to statutory bodies engaged in public or development-oriented functions.
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
Notification No. 26/2026-Income Tax | Dated: 24th March, 2026
S.O. 1533(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 the “ Shree Ayodhya Jee Teerth Vikas Parishad (PAN: AAAJS9337G)” (hereinafter referred to as “the assessee”), a body constituted by the Uttar Pradesh Shree Ayodhya Jee Teerth Vikas Parishad Act, 2023 (U.P. Act No. 23 of 2023), 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 a body constituted by the Uttar Pradesh Shree Ayodhya Jee Teerth Vikas Parishad Act, 2023 (U.P. Act No. 23 of 2023), 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. 26/2026/F. No. 300195/36/2025-ITA-I]
HARDEV SINGH, Under Secy.
Explanatory Memorandum
It is certified that no person is being adversely affected by giving retrospective effect (from the year of filing of application before CBDT/ Income Tax Department) to this notification.
