Quick Summary
The Central Board of Direct Taxes (CBDT) has issued Notification No. 66/2025, dated June 19, 2025, granting income tax exemption under section 10(46) of the Income-tax Act, 1961 to the Forum of Regulators (PAN: AAAJF0126G), a statutory body constituted by the Government of India under the Ministry of Power. This move exempts the Forum of Regulators from income tax on specified categories of income for the financial years 2011-12 to 2015-16 (Assessment Years 2012-13 to 2016-17), with retrospecti
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1 Year PLAN
1999
(Excl. of GST ₹359)
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3499
(Excl. of GST ₹629)
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FAQ :
The CBDT has notified income tax exemption for the Forum of Regulators under Section 10(46) of the Income-tax Act, 1961.
The exemption applies retrospectively for the financial years 2011-12 to 2015-16 (Assessment Years 2012-13 to 2016-17).
The exempted incomes include grants from the Government, membership fees from electricity regulatory commissions, and interest earned on bank deposits.
The Forum must not engage in any commercial activity, its income and activities must remain unchanged, and it must file its income tax return as specified.
No, the exemption is notified with retrospective effect for the financial years 2011-12 to 2015-16.
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