Notification under section 10(46) of the Income tax Act 1961

4950 GI/202 3 (1) रजिस्ट्री सं. डी.एल.- 33004/99 REGD. No . D. L. -33004/99 EXTRAORDINARY PART II —Section 3 —Sub-section ( ii) PUBLISHED BY AUTHORITY No. 3291] NEW DEL HI, TUES DAY, AUGUST 1, 2023/ SHRAVANA 10, 1945 CG-DL-E-01082023-247757 MINISTRY OF FINANCE (Department of Revenue ) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 1st August , 2023 S.O. 3441(E).—In exe rcise 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, Joint Electricity Regula tory Commission (for the State of Goa and Union Territo ries except Delhi), Gurugram (PAN: AAAJJ0668D), a commission constituted by the Government of India, in respect of the following specified income arising to that Commission , namely:— (a) petition fees; (b) license fees; (c) other income in respect of reimbursement of Ombudsman expenses / and profit on sale/ disposal of assets; and (d) interest earned on (a) to (c) above. 2. The provisions of this notification shall be effective subject to the conditions that Joint E lectricity Regulatory Commission, (for the State of Goa a nd Union Territories except Delhi), Gurugram - (a) shall not .0engage in any commercial activity; (b) activities and the nature of the specified income remain unchanged throughout the financial years; and (c) shall file returns of income in accordance wi th the provision of clause (g) of sub -section (4C) of section 139 of the Income -tax Act, 1961. 3. This notification shall be deemed to have been a pplied for assessment years 2022 -23 and 2023 -24 relevant for the financial years 2021 -2022 and 2022 -2023 respe ctively. [Notification No. 55 /2023 / F.No.300196/6/2021 -ITA-I] VIKAS SINGH , Director, ITA -I Explanatory Memorandum It is certified that no person is being adversely affected by giving retrospective effect to this notification. Uploaded by Dte. of Printing at Government of India Press, Ring R oad, Mayapuri, New Delhi -110064 and Published by the Controller of Publications, Del hi-110054.