Notification no. 153/2025 dated 15.10.2025- Income tax

Central Board of Direct Taxes (CBDT) issued notification no. 153/2025 dated 15.10.2025 to give exemption u/s 10(46A)(b) of the Income tax Act, 1961 to “U.P. Awas Evam Vikas Parishad” (PAN: AAAJU0103A) (hereinafter referred to as “the assessee”), an authority constituted under the Uttar Pradesh Awas Evam Vikas Parishad Adhiniyam, 1965 (U.P. Act No. 1 of 1966), for the purposes of the said clause.

2. This notification shall be effective from the assessment year 2024-2025, subject to the condition that the assessee continues to be an authority constituted the Uttar Pradesh Awas Evam Vikas Parishad Adhiniyam, 1965 (U.P. Act No. 1 of 1966) with one or more of the purposes specified in sub-clause (a) of clause (46A) of section 10 of the Income-tax Act.