Income Tax Exemption for Kota Development Authority
- Document
- Notification Notification No. 4/2026
- 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 No. 4/2026 confirms that the Kota Development Authority is exempt from paying income tax. This document officially recognizes the organization as a body that does not need to pay tax on its earnings.
What has changed
How it worked before
Previously, there was no specific notification confirming this tax exemption for the Kota Development Authority. Without this official status, the organization's income could have been subject to standard tax rules.
What has changed
The government has now officially notified the Kota Development Authority under section 10(46A)(b) of the Income-tax Act, which is the law governing tax exemptions for specific public bodies. This change ensures that the income generated by the authority is legally protected from income tax starting from the 2025-26 assessment year, which is the annual period used to calculate tax.
Who this affects
This change specifically applies only to the Kota Development Authority. It does not affect individual taxpayers, private businesses, or other government organizations.
What you should do
No action is required by you or your business. This notification is an administrative update for the authority itself and does not change your personal tax filing requirements.
The original document
| Issued by | IT |
|---|---|
| Document | Notification Notification No. 4/2026 |
| Full title | Notification No. 4/2026 |
| Effective | Assessment year 2025-26 |
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