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    <title>Section 10(46) of the Income-tax Act, 1961 – Central Government notifies “Bihar Electricity Regulatory Commission” a Commission constituted by the Government of Bihar, in respect of the certain specified income arising to the said Commission</title>
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    <description>Central Government notifies Bihar Electricity Regulatory Commission that specified income - Government grants, licence fees from electricity licensees, application processing fees, and interest on such grants and fees - is recognised for the purposes of clause (46) of section 10 of the Income tax Act; notification applies for the stated financial years and is conditional on the Commission not engaging in commercial activity, maintaining unchanged activities and income character, and filing returns as required under clause (e) of sub section (4C) of section 139.</description>
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      <description>Central Government notifies Bihar Electricity Regulatory Commission that specified income - Government grants, licence fees from electricity licensees, application processing fees, and interest on such grants and fees - is recognised for the purposes of clause (46) of section 10 of the Income tax Act; notification applies for the stated financial years and is conditional on the Commission not engaging in commercial activity, maintaining unchanged activities and income character, and filing returns as required under clause (e) of sub section (4C) of section 139.</description>
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