Latest Post

Compliance Calendar for the month of July, 2023 Simplifying Export Procedures: Tax-Free Supplies for International Trade


(Department of Revenue)



New Delhi, the 16th February, 2018.

S.O. 696(E).—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 ‘Maharashtra Electricity Regulatory Commission’, a Commission constituted by the State Government of Maharashtra, in respect of the following specified income arising to that Commission, namely:-

  1. Fees for Annual License;
  2. Interest on Fixed Deposit and Savings Account;
  3. Fees for Application / Petition filed;
  4. Grants from Government of Maharashtra;
  5. Fees for Documents;
  6. Penalty for delayed payment of Annual License Fees;
  7. Fees for RTI;
  8. Sale of scrap.
  9. This notification shall be deemed to have been applied for the period 01.06.2011 to 31.03.2012 and for the financial years 2012-13 to 2014-15.
  10. This Notification shall be effective subject to the following conditions, namely:-
    1. the ‘Maharashtra Electricity Regulatory Commission’ does not engage in any commercial activity;
    1. the activities and the nature of the specified income of ‘Maharashtra Electricity Regulatory Commission’ remain unchanged throughout the financial years; and

¹Hkkx IIµ[k.M 3(ii)º                           Hkkjr dk jkti=k % vlk/kj.k                                                3

  • the ‘Maharashtra Electricity Regulatory Commission’ files returns of income in accordance with the provision of clause (g) of sub-section (4C) of section 139 of the Act, Income-tax Act, 1961.

[Notification No. 8 /2018/F.No.196/38/2015-ITA-I)]

ROHIT GARG, Director

Explanatory Memorandum : It is certified that no person is being adversely affected by giving retrospective effect to this notification.

Leave a Reply

Your email address will not be published. Required fields are marked *