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Income Tax Notification

Income Tax Exemption for Shree Ayodhya Jee Teerth Vikas Parishad

Document
Notification Notification No. 26/2026
Effective
Assessment year 2025-26

This page was written by Patron Accounting’s AI from the official release and reviewed before publishing. It explains the document in plain language. It is not the document itself. Where this page and the original differ, the original governs.

In short

Notification 26/2026 confirms that the Shree Ayodhya Jee Teerth Vikas Parishad is now exempt from paying income tax. This document exists to officially record this tax-free status under the Income-tax Act.

What has changed

How it worked before

Previously, this specific body did not have this formal tax exemption status under the Income-tax Act. It was treated like other entities that do not have a specific government-granted tax waiver.

What has changed

The government has officially added this body to the list of organizations that do not pay income tax. This change applies starting from the assessment year 2025-26, which is the period used to calculate tax on your previous year's income.

Who this affects

This change only affects the Shree Ayodhya Jee Teerth Vikas Parishad. It does not apply to any other businesses, trusts, or individual taxpayers.

What you should do

No action is required by the public or any other taxpayers. This is an administrative update for the specific organization mentioned in the notification.

The original document

Issued byIT
DocumentNotification Notification No. 26/2026
Full titleNotification No. 26/2026
EffectiveAssessment year 2025-26

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Does Notification 26/2026 affect my personal income tax?

No, this notification only applies to the Shree Ayodhya Jee Teerth Vikas Parishad. It has no impact on your personal tax filings or business taxes.

What is an assessment year in this context?

An assessment year is the twelve-month period following the financial year when you calculate and pay your taxes. This exemption starts applying from the 2025-26 assessment year.

Do I need to file any forms because of this change?

No, you do not need to file any forms. This change is specific to the named organization and does not involve the general public.

What happens if I ignore this notification?

Nothing happens, as this notification does not require any action from you. It is simply a formal record of a tax exemption granted to a specific government-constituted body.