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Notification No. 66 /2017 [F.No.300196/9/2017-ITA-I] / SO 2277(E)


 Notice Date : 20 July 2017

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION NO. 66/2017
New Delhi, the 20th July, 2017

S.O. 2277(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, ‘Haryana Electricity Regulatory Commission’, a commission constituted under the Haryana Electricity Reform Act, 1997 (Haryana Act No. 10 of 1998), in respect of the following specified income arising to that body, namely:‑

(a) grants and loans made by the Government of Haryana;

(b) fees received under the Electricity Act, 2003 (36 of 2003); and

(c) interest earned on government grants and loans and fees received under the Electricity Act, 2003 (36 of 2003).

2. This notification shall be effective subject to the conditions that Haryana 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 fmancial 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 apply with respect to the financial years 2017-2018, 2018-2019, 2019-2020, 2020-2021
and 2021-22.

[Notification No. 66/2017, F.No.300196/9/2017-ITA-I]

DEEPSHIKHA SHARMA, Director

 

Guest
on 25 July 2017
Notification No : 66/2017
Published in Income Tax
Source : ,










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