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<h1>Kerala State Electricity Regulatory Commission Gains Tax Exemption for Specific Incomes u/s 10(46) of Income-tax Act.</h1> The Central Government, under section 10(46) of the Income-tax Act, 1961, has notified the 'Kerala State Electricity Regulatory Commission', Thiruvananthapuram, regarding specific income types exempt from taxation. These include grants and loans from the Kerala State Government, license fees, petition fees under the Electricity Act, 2003, and interest from investments. The exemption is contingent upon the commission not engaging in commercial activities, maintaining the nature of specified income, and filing income returns as per the Act. This notification applies retrospectively for the assessment year 2018-19 and prospectively through 2022-23.