CBDT Notifies Income Tax Exemption for Rajasthan Housing Board [Read Notification]
CBDT, via Notification, has granted income tax exemption to the Rajasthan Housing Board to support its affordable housing and urban development efforts in the state
![CBDT Notifies Income Tax Exemption for Rajasthan Housing Board [Read Notification]](https://images.taxscan.in/h-upload/2025/07/08/2061208-cbdt-notifies-income-tax-exemption-cbdt-income-tax-exemption-income-tax-tax-exemption-taxscan.webp "CBDT Notifies Income Tax Exemption for Rajasthan Housing Board [Read Notification]")
The Central Board of Direct Taxes (CBDT) issued Notification No. 72/2025 dated 7th July 2025, announcing income tax exemption for the Rajasthan Housing Board under Section 10(46A) of the Income-tax Act, 1961. This exemption will apply from the assessment year 2024-25, allowing the Board to focus more resources on affordable housing projects and planned urban development in...
The Central Board of Direct Taxes (CBDT) issued Notification No. 72/2025 dated 7th July 2025, announcing income tax exemption for the Rajasthan Housing Board under Section 10(46A) of the Income-tax Act, 1961.
This exemption will apply from the assessment year 2024-25, allowing the Board to focus more resources on affordable housing projects and planned urban development in Rajasthan.
Also Read:CBDT Directs Income Tax Officials to Ask Only Relevant, Specific Questions During Scrutiny
The exemption will continue as long as the Board remains constituted under the Rajasthan Housing Board Act, 1970, with one or more specified purposes under the Income-tax Act.
The UAE Tax Law Is Evolving — Stay Ahead Before Clients Find Someone Who Already Is, Enroll Now
About Rajasthan Housing Board
The Rajasthan Housing Board (RHB), established in 1970, is a state government body responsible for providing planned, affordable housing solutions across Rajasthan. It builds residential colonies, commercial complexes, and essential urban infrastructure like roads, parks, and community centers to improve the quality of life in urban areas.
The Board prioritizes housing for economically weaker sections, low-income, and middle-income groups, addressing the challenges of rapid urbanization in the state. Through its various schemes, RHB has developed thousands of houses and colonies in cities like Jaipur, Jodhpur, Kota, and Udaipur, playing a critical role in the state’s urban development.
This income tax exemption will enable RHB to retain more of its funds, reducing tax outflows, and allowing those funds to be reinvested into housing and infrastructure projects.
This step from the government will help the Rajasthan Housing Board continue its mission of building sustainable, inclusive housing solutions for the people of Rajasthan.
Support our journalism by subscribing to Taxscan premium. Follow us on Telegram for quick updates
