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of <h1>Odisha Electricity Regulatory Commission's Specified Income Exempted u/s 10(46) for FY 2017-2021; No Commercial Activities Allowed.</h1> The Central Government, under Section 10(46) of the Income-tax Act, 1961, has notified the Odisha Electricity Regulatory Commission regarding specified income. This includes income from license fees and application processing fees. The notification mandates that the Commission must not engage in commercial activities, maintain the nature of specified income, and file income returns as per legal provisions. This notification applies to the financial years 2017-2018 through 2020-2021.
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