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Notification No. 84/2017[F. No. 300196/8/2017-ITA-I] / SO 2829(E)

 Notice Date : 30 August 2017


(Department of Revenue)



New Delhi, the 30th August, 2017

S. O. 2829(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, ‘Gujarat Electricity Regulatory Commission’, a Commission constituted under the Electricity Regulatory Commissions Act, 1998 , in respect of the following specified income arising to that Commission, namely:-

(a) amounts received in form of grants and aid from Government;

(b) amount received in the form of petition fees or processing fee for determination of tariff;

(c) amount received in the form of License fees; Application fees or in nature of fines;

(d) interest earned on investment or deposit or Saving/Current Bank Accounts;

(e) fees for documents;

(f) penalty or interest for delayed payment of Annual License fees; and

(g) fees for RTI.

2. This notification shall be effective subject to the conditions that Gujarat Electricity Regulatory Commission:—

(a) shall not engage in any commercial activity;

(b) activities and the nature of the specified income shall remain unchanged throughout the financial years; and

(c) shall file return of income in accordance with the provision of clause (g) of sub-section (4C) of section 139 of the said Act.

3. This notification shall be deemed to have been applied for the financial year 2016-2017 and shall apply with respect to financial years 2017-2018, 2018-2019, 2019-2020 and 2020-2021.

[Notification No. 84 /2017/F. No. 300196/8/2017-ITA-I]


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


on 11 September 2017
Notification No : 84/2017
Published in Income Tax
Source : ,

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