SECTION 10(46) OF THE INCOME-TAX ACT, 1961 - INCOME ARISING TO RAJASTHAN ELECTRICITY REGULATORY COMMISSION - 69/2013 - Income Tax

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES NOTIFICATION NO. 69/2013 DATED 18-9-2013 S.O. 2806 - In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, the Rajasthan Electricity Regulatory Commission, a Commission established by the Government of Rajasthan, in respect of the following specified income arising to that Commission, namely :- (a) amount received as petition filing fee ; (b) interest earned on investment. 2. This notification shall be deemed to have been applied for the financial year 2012-13 and shall applicable for the financial year 2013-14, 2014-15, 2015-16 and 2016-17. 3. The notification shall be effective subject to the following conditions, namely:- (a) the Rajasthan Electricity Regulatory Commission does not engage in any commercial activity; (b) the activities and the nature of the specified income of Rajasthan Electricity Regulatory Commission remain unchanged throughout the financial year; and (c) the Rajasthan Electricity Regulatory Commission files return of income in accordance with the provision of clause (g) of sub-section (4C) of section 139 of the Income-Tax Act, 1961 . [F. NO. 196/6/2012-ITA.I]