https://www.taxtmi.com/notifications?id=119673 Notification designates Bihar Electricity Regulatory Commission's exempt specified income as: government grants; licence fee from electricity licensees; application processing fees; and interest on grants and fees. The exemption is conditional: the Commission shall not engage in commercial activity; activities and the nature of the specified income must remain unchanged across the financial years; and the Commission must file returns as required under the relevant income-tax filing provision. The notification applies for financial years 2016-17 to 2020-21. en-us Thu, 27 Oct 2016 00:00:00 +0530 Fri, 28 Oct 2016 17:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=119673 Notification designates Bihar Electricity Regulatory Commission's exempt specified income as: government grants; licence fee from electricity licensees; application processing fees; and interest on grants and fees. The exemption is conditional: the Commission shall not engage in commercial activity; activities and the nature of the specified income must remain unchanged across the financial years; and the Commission must file returns as required under the relevant income-tax filing provision. The notification applies for financial years 2016-17 to 2020-21. Notifications Income Tax Thu, 27 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/notifications?id=119673