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of <h1>Telangana State Electricity Regulatory Commission Gains Tax Exemption for Specific Income Under Section 10(46) of Income-tax Act</h1> The Central Government has notified the 'Telangana State Electricity Regulatory Commission' under Section 10(46) of the Income-tax Act, 1961, exempting specified income from taxation. The exempted income includes fees under the Electricity Act, 2003, grants and loans from the Telangana government, and interest on bank deposits. The Commission must not engage in commercial activities, must file income returns as per legal provisions, and maintain consistent activities and income nature. This notification applies to the financial years 2014-15 to 2018-19.
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