CBDT Issues Notifications Granting Income Tax Exemption to Key Public Bodies

The CBDT, has issued three Notifications all dated October 15, 2025, granting income tax exemption under sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961, to significant public authorities. These exemptions are effective from the assessment year 2024-2025.

The beneficiaries of these notifications are:

1. Chennai Metropolitan Water Supply and Sewerage Board (PAN: AAALM0037B): This Board, constituted under the Chennai Metropolitan Water Supply and Sewerage Act, 1978, has been notified for exemption vide Notification No. 151/2025. The exemption is conditional upon the Board continuing to fulfill the specified purposes under section 10(46A) of the Income-tax Act.
2. Rajasthan State Seed and Organic Certification Agency (PAN: AAAAR4064L): An authority constituted under the Seeds Act, 1966, the Rajasthan State Seed and Organic Certification Agency will also enjoy income tax exemption vide Notification No. 152/2025. The notification specifies that the exemption is valid as long as the agency continues to operate as an authority constituted under the Seeds Act, 1966, for the purposes outlined in section 10(46A).
3. U.P. Awas Evam Vikas Parishad (PAN: AAAJU0103A): This Parishad, constituted under the Uttar Pradesh Awas Evam Vikas Parishad Adhiniyam, 1965, has been granted exemption vide Notification No. 153/2025. Similar to the others, the exemption is subject to the condition that the Parishad continues to be an authority constituted under the said Adhiniyam, serving the purposes specified in section 10(46A).

An Explanatory Memorandum accompanying each notification certifies that no person is adversely affected by giving retrospective effect to these notifications. These measures aim to support the functioning of these critical public bodies by providing relief from income tax liabilities.

The Notifications can be accessed at: https://a2ztaxcorp.net/wp-content/uploads/2025/10/CBDT-NN-151-to-153.pdf