Central Board of Direct Taxes (CBDT) issued notification no. 164/2025 dated 26.11.2025 to provide exemption u/s 10(46A)(b) of Income tax Act, 1961, to “ Odisha Real Estate Regulatory Authority” (PAN: AAAGO0648F) (hereinafter referred to as “the assessee”), an authority constituted under the Real Estate (Regulation and Development) Act, 2016 (No. 16 of 2016), for the purposes of the said clause.
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 Real Estate (Regulation and Development) Act, 2016 (No. 16 of 2016) with one or more of the purposes specified in sub-clause (a) of clause (46A) of section 10 of the Income tax Act
Explanatory Memorandum
It is certified that no person is being adversely affected by giving retrospective effect to this notification.
Share this content: