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SECTION 10(46) OF THE INCOME-TAX ACT, 1961 - EXEMPTIONS - STATUTORY BODY/AUTHORITY/BOARD/COMMISSION - NOTIFIED BODY OR AUTHORITY - RAJASTHAN ELECTRICITY REGULATORY COMMISSION
NOTIFICATION NO. 69/2013 [F.NO.196/6/2012-ITA.I]/SO 2806(E), DATED 18-9-2013
In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, the Rajasthan Electricity Regulatory Commission, a Commission established by the Government of Rajasthan, in respect of the following specified income arising to that Commission, namely :-
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amount received as petition filing fee ; |
| (b) |
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interest earned on investment." |
2. This notification shall be deemed to have been applied for the financial year 2012-13 and shall applicable for the financial year 2013-14, 2014-15, 2015-16 and 2016-17.
3. The notification shall be effective subject to the following conditions, namely:-
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the Rajasthan Electricity Regulatory Commission does not engage in any commercial activity; |
| (b) |
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the activities and the nature of the specified income of Rajasthan Electricity Regulatory Commission remain unchanged throughout the financial year; and |
| (c) |
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the Rajasthan Electricity Regulatory Commission files return of income in accordance with the provision of clause (g) of sub-section (4C) of section 139 of the Income-Tax Act, 1961.
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