The CBDT vide Notification No. 72/2025 dated July 07, 2025, grants income tax exemption under Section 10(46) of the Income Tax Act, to the “Rajasthan Housing Board” (PAN: AAALR0046F).
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 “Rajasthan Housing Board” (PAN: AAALR0046F) (hereinafter referred to as “the assessee”), a board constituted under the Rajasthan Housing Board Act, 1970 (Act No. 4 of 1970), for the purposes of the said clause.
This notification shall be effective from the assessment year 2024-25, subject to the condition that the assessee continues to be a board constituted under „the Rajasthan Housing Board Act, 1970‟ (Act No. 4 of 1970) with one or more of the purposes specified in sub-clause (a) of clause (46A) of section 10 of the Income-tax Act.
The Notification can be accessed at: https://a2ztaxcorp.com/wp-content/uploads/2025/07/CBDT-Rajasthan-Housing-Board.pdf
