Quick Summary
The Central Board of Direct Taxes (CBDT), under the Ministry of Finance, has issued Notification No. 16/2025 on February 12, 2025, granting tax exemption to the Real Estate Regulatory Authority (RERA), Punjab under Section 10(46A) of the Income-tax Act, 1961. As per the notification, RERA Punjab (PAN: AAAJR1281N) has been recognized as an exempt entity for the assessment year 2024-25 onwards, provided it continues to function as an authority under The Real Estate (Regulation and Development) Ac
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1 Year PLAN
1999
(Excl. of GST ₹359)
2 Years PLAN
3499
(Excl. of GST ₹629)
BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)
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FAQ :
The Central Board of Direct Taxes (CBDT) has granted the tax exemption.
The exemption is granted under Section 10(46A) of the Income-tax Act, 1961.
The exemption is effective from the assessment year 2024-25 onwards.
The exemption ensures RERA Punjab's income remains tax-free, allowing it to focus on its regulatory functions and strengthening real estate governance and consumer protection.
Yes, the exemption is conditional and will continue as long as RERA Punjab functions as an authority under The Real Estate (Regulation and Development) Act, 2016, for the specified purposes outlined in the Income-tax Act.
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