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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Telangana State Electricity Regulatory Commission Notified for Tax Exemption on Specified Income 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 'Telangana State Electricity Regulatory Commission', Hyderabad, regarding specified income. This includes grants and loans from the Telangana government, fees and sums under the Electricity Act, 2003, and interest earned on these. The notification stipulates that the Commission must not engage in commercial activities, maintain the nature of specified income, and file income returns as per section 139(4C)(g). This notification applies to the assessment years 2020-2021 to 2024-2025.
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