Notification regarding Income-Tax Exemption to “Ayodhya Vikas Pradhikaran (Ayodhya Development Authority)” under Section 10(46A)(b) of the Income-tax Act, 1961

Last updated: 08 November 2025

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The Central Government has granted income tax exemption to the Ayodhya Vikas Pradhikaran (Ayodhya Development Authority) under a specific section of the Income-tax Act, 1961. This exemption is effective from the assessment year 2024-25. It is subject to the condition that the Authority continues to be constituted under the Uttar Pradesh Urban Planning and Development Act, 1973, and serves purposes outlined in the Income-tax Act.

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 7th November, 2025

S.O. 5061(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 “Ayodhya Vikas Pradhikaran (Ayodhya Development Authority)” [AAALA0206C] (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 under 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. 159/2025/F. No. 300195/58/2024-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.

FAQ :

The Ayodhya Vikas Pradhikaran, also known as the Ayodhya Development Authority, is an authority constituted under the Uttar Pradesh Urban Planning and Development Act, 1973.

The Ayodhya Vikas Pradhikaran has been granted income tax exemption under sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961.

The exemption is effective from the assessment year 2024-25.

Yes, the exemption is subject to the condition that the Ayodhya Vikas Pradhikaran continues to be an authority constituted under the Uttar Pradesh Urban Planning and Development Act, 1973, and fulfils specific purposes mentioned in the Income-tax Act.

The relevant section is sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961.