Notification no. 63/2025 dated 18.06.2025- Income tax

Central Board of Direct Taxes (CBDT) issued notification no. 63/2025 dated 18.06.2025 to notify the “Yamuna Expressway Industrial Development Authority” (PAN: AAALT0341D) (hereinafter referred to as “the assessee”), an authority constituted under the Uttar Pradesh Industrial Area Development Act, (No. 6 of 1976) for the purposes of the sub-clause (b) of clause (46A) of section 10 of the Income tax Act, 1961 (43 of 1961)

This notification shall be effective from the assessment year 2024-2025, subject to the condition that the assessee continues to be an authority constituted under the Uttar Pradesh Industrial Area Development Act, (No.6 of 1976) with one or more of the purposes specified in sub-clause (a) of clause (46A) of section 10 of the Income-tax Act.