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    <title>U/s 10(46) of IT Act 1961 - Central Government notifies, Bihar Electricity Regulatory Commission’ a Commission constituted by the State Government of Bihar</title>
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    <description>Notification under clause (46) of section 10 exempts specified income of Bihar Electricity Regulatory Commission: licence fees from electricity licensees; application processing fees; and interest on Government grants and on those fees. Exemption is conditional on the Commission not engaging in commercial activity, maintaining unchanged activities and the nature of specified income across the relevant financial years, and filing its return of income as required under the referenced filing provision.</description>
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      <description>Notification under clause (46) of section 10 exempts specified income of Bihar Electricity Regulatory Commission: licence fees from electricity licensees; application processing fees; and interest on Government grants and on those fees. Exemption is conditional on the Commission not engaging in commercial activity, maintaining unchanged activities and the nature of specified income across the relevant financial years, and filing its return of income as required under the referenced filing provision.</description>
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