Notification No. 142 /2025 [F. No. 300195/16/2024-ITA-I] /S.O. 4008(E)

What it does

The Central Government notifies the Lucknow Development Authority (PAN AAALL0016F), an authority constituted under the Uttar Pradesh Urban Planning and Development Act, 1973, for the purposes of sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961. The Authority is thereby brought within the exemption available to bodies notified under section 10(46A).

Who it reaches

Lucknow Development Authority
Assessing officers handling the Authority's assessments from assessment year 2024-25
The Authority's auditors and return preparers

The provisions it speaks to

Left, the provision of the Income-tax Act, 1961 as the instrument itself names it. Right, the section of the Income-tax Act, 2025 that the department’s own concordance maps it to — which is where the same ground is now covered.

Under the 1961 Act	Now
s.10	s.11, s.19

The instrument, as the Board published it

The department publishes this one only as a PDF, so the words below were read out of that PDF by machine. That reading can carry its own mistakes — a misread number, a broken line. Check the signed document before you rely on a figure in it.

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 2nd September, 2025
S.O. 4008(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 "Lucknow Development Authority" (PAN AAALL0016F) (hereinafter referred to as "the assessee"), an
authority constituted under the Uttar Pradesh Urban Planning and Development Act, 1973 (President Act 11 of 1973),
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 the Uttar Pradesh Urban Planning and Development Act, 1973 (President's Act
11 of 1973) 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. 142 /2025/F. No. 300195/16/2024-ITA-I]
MEENAKSHI SINGH, Dy. 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.

From when

Assessment year 2024-25, retrospectively.

What to watch

The notification is effective from assessment year 2024-25 and is therefore retrospective; the explanatory memorandum certifies that no person is adversely affected.
The exemption is conditional on the Authority continuing to be constituted under the Uttar Pradesh Urban Planning and Development Act, 1973 with one or more of the purposes specified in sub-clause (a) of clause (46A).
Assessments for assessment year 2024-25 already completed may need to be revisited in the light of this notification.

Where you meet it

In the Authority's return of income and in assessment or rectification proceedings for assessment year 2024-25 onwards, where exemption under section 10(46A) is claimed.

On the same provision

Other instruments in this library that name the same provision of the 1961 Act. They are not necessarily still operative, and a later one may have replaced an earlier one without saying so.

Notification No. 116/2026 [F. No.195/13/2025-ITA-I] / SO 4706(E) : Notification in the case of Maharashtra Electricity Regulatory Commission — [भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 3 25 August 2026
Notification No. 112/2026 [F. No. 300196/6/2026-ITA-I] / SO 4458(E) : Notification in the case of District Legal Service Authority, Panchkula — Ministry of Finance 11 August 2026
Notification No. 109/2026 [F. No. 300196/39/2025-ITA-I] / SO 4321(E) : Notification section 536 (1) of the Income Tax Act, 2025 (30 of 2025) in the case of Odisha Joint Entrance Examination Committee — [भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 3 4 August 2026
Notification No. 107/2026 [F. No. 300196/65/2018-ITA-I] / SO 4319(E) : Notification section 536 (1) of the Income Tax Act, 2025 (30 of 2025) in the case of Noida Special Economic Zone Authority — [भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 3 4 August 2026
Notification No. 106/2026 [F. No. 300196/65/2018-ITA-I] / SO 4318(E) : Notification section 536 (1) of the Income Tax Act, 2025 (30 of 2025) in the case of Noida Special Economic Zone Authority — [भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 3 4 August 2026
Notification No. 104/2026 [F.No.300196/1/2026-ITA-I] / SO 4308(E) : Notification section 536 (1) of the Income Tax Act, 2025 (30 of 2025) in the case of District Legal Service Authority, Charkhi Dadri — Ministry of Finance 3 August 2026

← Notification No. 143/2025 [F. No. 300196/12/2025-ITA-I] / S.O. 4009(E) · Notification No. 141/2025 [F. No. 370142/30/2025-TPL] / G.S.R. 598(E) →

What a notification is. A notification is made under a power the Act itself gives, and within that power it is law — unlike a circular, which only binds the department. Its reach is the reach of the enabling provision and no wider, and the date it carries decides from when it works.

Source: the Income Tax Department’s own published text — its page for this instrument.

What this is