Section 10(46) of the Income-tax Act, 1961 – Central Government notifies “Sikkim State Electricity Regulatory Commission” for dealing with specified income - 26/2016 - Income Tax Act, 1961
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Tax exemption notification for state electricity regulatory commission defines specified income categories and applicable compliance conditions. Notification designates the Sikkim State Electricity Regulatory Commission as entitled to exemption for specified income comprising grants and aid from government, petition fees, licence fees and interest on investments or deposits, subject to conditions that the Commission not engage in commercial activity, that activities and nature of the specified income remain unchanged, and that returns be filed as prescribed under section 139(4C). Applicable for financial years 2015-2016 to 2019-2020.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tax exemption notification for state electricity regulatory commission defines specified income categories and applicable compliance conditions.
Notification designates the Sikkim State Electricity Regulatory Commission as entitled to exemption for specified income comprising grants and aid from government, petition fees, licence fees and interest on investments or deposits, subject to conditions that the Commission not engage in commercial activity, that activities and nature of the specified income remain unchanged, and that returns be filed as prescribed under section 139(4C). Applicable for financial years 2015-2016 to 2019-2020.
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