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    <title>Section 10(46) of the Income-tax Act, 1961 – Central Government constituted &quot;Karnataka Electricity Regulatory Commission&quot; for dealing with specified income.</title>
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    <description>Notification under section 10(46) exempts specified income of the Karnataka Electricity Regulatory Commission for financial years 2014-2015 to 2018-2019, comprising grants and loans from the Government of Karnataka, statutory fees, and interest from investment, subject to conditions that the Commission shall not engage in commercial activity, its activities and the nature of specified income remain unchanged during the year, and it files its return of income as required by clause (g) of sub-section (4C) of section 139.</description>
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      <description>Notification under section 10(46) exempts specified income of the Karnataka Electricity Regulatory Commission for financial years 2014-2015 to 2018-2019, comprising grants and loans from the Government of Karnataka, statutory fees, and interest from investment, subject to conditions that the Commission shall not engage in commercial activity, its activities and the nature of specified income remain unchanged during the year, and it files its return of income as required by clause (g) of sub-section (4C) of section 139.</description>
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