MINISTRY OF FINANCE
(Department of Revenue)
CENTRAL BOARD OF DIRECT TAXES
NOTIFICATION
New Delhi, the 17th August, 2016
S.O. 2727(E).— 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, Tamil Nadu Electricity
Regulatory Commission, a body constituted by Government of Tamil Nadu, in respect of the following specified income
arising to that Commission, namely:-
(a) amount received in the form of government grants;
(b) fees levied under clause (g) of sub-section (1) of Section 86 read with Section 181 of the Electricity
Act, 2003;
(c) penalties levied u/s 146 of the Electricity Act, 2003;
(d) interest income earned on government grants; and
(e) interest income earned on fee/revenue received under the Electricity Act, 2003.
2.
This notification shall be effective subject to the conditions that Tamil Nadu Electricity Regulatory
Commission,-
(a)
shall not engage in any commercial activity;
(b)
activities and the nature of the specified income remain unchanged throughout the financial years; and
(c)
shall file return of income in accordance with the provision of clause (g) of sub-section (4C) section
139 of the Income-tax Act, 1961.
3.
This notification shall be deemed to have been apply for the period 01.06.2011 to 31.03.2012 and financial years
2012-13, 2013-14, 2014-15 and 2015-16.
[Notification No. 72 /2016 F.No.196/3/2012-ITA-I]
DEEPSHIKHA SHARMA, Director
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.
RAJ
KUMAR
Digitally signed
by RAJ KUMAR
Date: 2016.08.19
12:52:39 +05'30'
