Section 10(46) of the Income-tax Act, 1961 – Central Government notifies “'Punjab State Electricity Regulatory Commission” a Commission constituted by the Government of Punjab, in respect of the certain specified income arising to the said Commission. - 36/2015 - 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. 36/2015 New Delhi, the 10 th April, 2015 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 Punjab State Electricity Regulatory Commission , constituted by the Government of Punjab, in respect of the following specified income arising to that Commission, namely:- (a) amount received in the form of processing fee for determination of tariff; (b) amount received in the form of licence fee; (c) amount in the form of petition fee; and (d) amount of interest income earned on bank deposits. 2. This notification shall be applicable for the financial years 2011-12 to 2015-16. 3. The notification shall be effective subject to the conditions that the Punjab State Electricity Regulatory Commission:- (a) does not engage in any commercial activity; (b) its activities and the nature of the specified income remain unchanged throughout the financial years; and (c) it files return of income in accordance with the provision of clause (g) of sub-section (4C) of section 139 of the said Act. [F.NO.196/42/2012-ITA.1]