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<h1>Maharashtra Electricity Regulatory Commission's Specified Income Tax Exemption for FY 2015-16 to 2019-20 u/s 10(46.</h1> The Central Government, under Section 10(46) of the Income-tax Act, 1961, has notified the Maharashtra Electricity Regulatory Commission regarding specified income exempt from tax. This includes fees for annual licenses, interest on fixed deposits and savings accounts, application/petition fees, government grants, document fees, penalties for delayed payments, RTI fees, and scrap sales. The exemption applies for financial years 2015-16 to 2019-20, provided the Commission does not engage in commercial activities, maintains the nature of specified income, and files income returns as required by law.