https://www.taxtmi.com/notifications?id=126593 Notification under section 10(46) of the Income tax Act, 1961 notifies the Uttar Pradesh Electricity Regulatory Commission as a commission entitled to exemption for specified income comprising Government grants, licence fees and fines, and interest on those receipts. The exemption is conditional on UPERC not engaging in commercial activity, maintaining unchanged activities and specified income across financial years, and filing returns as required by clause (g) of sub section (4C) of section 139. The notification applies retrospectively to assessment years 2017 2018 and 2018 2019 and to assessment years 2019 2020 through 2021 2022. en-us Fri, 14 Sep 2018 00:00:00 +0530 Tue, 18 Sep 2018 18:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=126593 Notification under section 10(46) of the Income tax Act, 1961 notifies the Uttar Pradesh Electricity Regulatory Commission as a commission entitled to exemption for specified income comprising Government grants, licence fees and fines, and interest on those receipts. The exemption is conditional on UPERC not engaging in commercial activity, maintaining unchanged activities and specified income across financial years, and filing returns as required by clause (g) of sub section (4C) of section 139. The notification applies retrospectively to assessment years 2017 2018 and 2018 2019 and to assessment years 2019 2020 through 2021 2022. Notifications Income Tax Fri, 14 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/notifications?id=126593