Full Text
REGD. No. D. L.-33004/99
The Gazette of India
CG-DL-E-15122025-268508
EXTRAORDINARY
PART II-Section 3-Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 5583]
NEW DELHI, MONDAY, DECEMBER 15, 2025/AGRAHAYANA 24, 1947
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 15th December, 2025
S.O. 5778(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 "Punjab Urban Planning And Development Authority" (PAN- AAALP0045J) (hereinafter referred to as
"the assessee"), an authority constituted under the Punjab Regional and Town Planning and Development Act, 1995
(Punjab Act No. 11 of 1995), for the purposes of the said clause.
2. This notification shall 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
(Punjab Act No. 11 of 1995) with one or more of the purposes specified in sub-clause (a) of clause (46A) of section 10
of the Income-tax Act, 1961.
[Notification No. 172/2025/F. No. 300195/6/2024-ITA-I]
HARDEV SINGH, Under Secy.
Explanatory Memorandum
It is certified that no person is being adversely affected by giving retrospective effect to this notification.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.