https://www.taxtmi.com/notifications?id=115750 A notification exempts specified institutional receipts - government grants, licence fees from electricity licensees, court or petition fees, and interest on such receipts - of a state electricity regulatory commission from income taxation, subject to conditions: no engagement in commercial activity, unchanged nature of activities and specified income throughout the financial year, and filing the return of income as prescribed by the Act. The exemption applies retrospectively to the prior financial year and to specified subsequent financial years. en-us Wed, 03 Jul 2013 00:00:00 +0530 Fri, 11 Apr 2014 10:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=115750 A notification exempts specified institutional receipts - government grants, licence fees from electricity licensees, court or petition fees, and interest on such receipts - of a state electricity regulatory commission from income taxation, subject to conditions: no engagement in commercial activity, unchanged nature of activities and specified income throughout the financial year, and filing the return of income as prescribed by the Act. The exemption applies retrospectively to the prior financial year and to specified subsequent financial years. Notifications Income Tax Wed, 03 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/notifications?id=115750