Big Relief for UP Awas Evam Vikas Parishad! CBDT exempts Income from Tax u/s 10(46A)
The Central Board of Direct Taxes (CBDT) under the Ministry of Finance (Department of Revenue) has recently issued a notification [No. 153 /2025/F. No. 300195/60/2024-ITA-I], dated October 15, 2025, informing that the Central Government has granted income tax exemption to an organisation named “U.P. Awas Evam Vikas Parishad” having PAN (Permanent Account Number) no. AAAJU0103A. This is a government body established under a special law known as the Uttar Pradesh Awas Evam Vikas Parishad Adhiniyam, 1965 (which is U.P. Act No. 1 of 1966).
The government has taken this action in exercise of its powers granted under 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”). Basically, the government has officially granted tax relief to U.P. Awas Evam Vikas Parishad under section 10(46A)(b) of the Income-tax Act.
This tax exemption has already been started from the assessment year 2024-25 (financial year 2023-2024). This benefit will only be made effective for the organisation if it fulfils the following conditions:
It must be involved in one or more purposes specified under sub-clause (a) of section 10(46A) of the Income-tax Act. (This generally includes purposes like housing, urban development, public welfare, etc.).
Refer to the official notification for complete information.
