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
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
2 Years PLAN
3499
(Excl. of GST ₹629)
BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience. 07941056694
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.
CAclubindia
