AdvertisementCBDT Notifies Kerala RERA for Section 10(46) Exemption for AYs 2023-24 to 2026-27The Central Board of Direct Taxes, through Notification No. 101/2026-Income Tax dated 29 July 2026, has notified the Kerala Real Estate Regulatory Authority (PAN: AAAGK1025N) for the purposes of Section 10(46) of the Income-tax Act, 1961, in pursuance of Section 536(2)(a) to (c) and (e) of the Income-tax Act, 2025. The notification covers specified income comprising fees collected for registration of projects, agents and plots, fees for filing compensation and complaints, and government grants. Failure to comply with these conditions will result in initiation of penal action under the Income-tax Act, 1961 and withdrawal of the exemption under Section 10(46). This notification shall be deemed to have been applied for assessment years 2023-24, 2024-25, 2025-26 and 2026-27 relevant for the financial years 2022-23, 2023-24, 2024-25 and 2025-2026.