U/s 10(46) of IT Act 1961 - Central Government notifies , ‘Rajasthan Electricity Regulatory Commission’ a Commission constituted by the state Government of Rajasthan - 30/2022 - Income Tax Act, 1961
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Tax exemption for regulatory commission: specified fees and investment interest exempt subject to non commerciality and filing conditions. Notification under section 10(46) notifies the Rajasthan Electricity Regulatory Commission for exemption in respect of petition filing fees, licence fees and interest on investment, subject to conditions: no commercial activity, unchanged activities and income nature across the financial years, and filing returns under clause (g) of sub-section (4C) of section 139. The notification is deemed operative for financial years 2020-2021 to 2024-2025 and an explanatory memorandum states retrospective application does not adversely affect any person.
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 for regulatory commission: specified fees and investment interest exempt subject to non commerciality and filing conditions.
Notification under section 10(46) notifies the Rajasthan Electricity Regulatory Commission for exemption in respect of petition filing fees, licence fees and interest on investment, subject to conditions: no commercial activity, unchanged activities and income nature across the financial years, and filing returns under clause (g) of sub-section (4C) of section 139. The notification is deemed operative for financial years 2020-2021 to 2024-2025 and an explanatory memorandum states retrospective application does not adversely affect any person.
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