CBDT Notifies Noida Special Economic Zone Authority for Income Tax Exemption under Section 10(46) for AY 2024-25 to AY 2026-27

Last updated: 05 August 2026

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The Central Board of Direct Taxes (CBDT) has notified the Noida Special Economic Zone Authority for income tax exemption under Section 10(46) of the Income-tax Act, 1961. This exemption applies to specific income sources for assessment years 2024-25 to 2026-27. The notification confirms that despite the repeal of the 1961 Act, provisions related to previous operations and accrued rights remain in effect under the new Income-tax Act, 2025.

MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)NOTIFICATIONNew Delhi, the 4th August, 2026. S.O. 4319(E). Whereas, section 10 (46) of the Income-tax Act, 1961 (43 of 1961) provided for exemption of specified income of certain bodies or authorities or Boards or Trusts or Commissions as may be notified by the Central Government in the Official Gazette for the purposes of that section; And whereas, the Income-tax Act, 1961 (43 of 1961) was repealed by section 536 (1) of

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1 Year PLAN

1999

(Excl. of GST ₹359)

BEST VALUE

2 Years PLAN

3499

(Excl. of GST ₹629)

3 Months PLAN

999

(Excl. of GST ₹179)

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FAQ :

The notification designates the Noida Special Economic Zone Authority as eligible for income tax exemption under Section 10(46) for specific income earned during assessment years 2024-25 to 2026-27.

The exemption covers income from lease rent, bank FDR interest, ID card and permit fees, factory allotment fees, auction receipts, transfer charges, Form-I issuance fees, building plan processing fees, site usage charges, and sale of miscellaneous scrap.

Yes, the Authority must not engage in commercial activity, its activities and income sources must remain unchanged, and it must file its income return as per Section 139(4C)(g) of the Act of 1961.

Failure to comply with the conditions will lead to penal actions under the Act of 1961 and withdrawal of the granted exemption.

This notification is deemed to have been applied for assessment years 2024-25 to 2026-27, corresponding to financial years 2023-24 to 2025-26.

No, Section 536(2) of the Income-tax Act, 2025 ensures that previous operations and accrued rights under the 1961 Act continue to apply, including for this exemption.