The Central Board of Direct Taxes (CBDT) on June 01, 2026, issued specification of Infrastructure Sub-sector Businesses under Schedule V of the Income-tax Act, 2025.
The Central Government, exercising powers under Section 11(5) of the Income-tax Act, 2025, has notified that businesses engaged in infrastructure sub-sectors listed in the Updated Harmonised Master List of Infrastructure (as per Ministry of Finance notification dated September 19, 2025) shall qualify as specified businesses under Schedule V [Sl. No. 7] of the Act. This applies to all such infrastructure-related businesses except those already covered under Note 5(d)(i) of the Schedule. The notification effectively expands the scope of eligible infrastructure activities recognized for the purposes of the Act.
[Notification No. S.O. 2768(E)]
