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Case lawNotifications2015 › Notification No. 27/2015
Notification 24 March 2015

Notification No. 27/2015

Section 10(46) of the Income-tax Act, 1961 - Exemptions - Statutory body/authority/board/commission - Notified body or authority - Joint electricity regulatory commission for the state of goa and union territories

What this is

Notification No. 27/2015 was published on 24 March 2015. Its subject is Section 10(46) of the Income-tax Act, 1961 - Exemptions - Statutory body/authority/board/commission - Notified body or authority - Joint electricity regulatory commission for the state of goa and union territories.

This grants an exemption or a relief under a provision that allows one. Read the conditions attached: an exemption notification is construed strictly, and a condition missed is the exemption lost.

The instrument itself

The text, read by machine from the scan

This is not the department’s typed text. The department published this one as a scanned image of a signed paper, so there is no text in the file to copy. What follows was read off that image by optical character recognition and is reproduced without correction — the mistakes you can see are the machine’s, and there may be others you cannot. It is here so the document can be found and read; it is not a substitute for the file, which is linked below. Do not quote from this page.

tr x a vf [To be published in the Gazette of India, Extraordinary, Par-ll, Section 3. Subssection (ii}]
Governmentat India
Minisity-of Finance
Department of Revenue
Central Board of Direct Taxes
NOTIFICATION
New Delhi, the 2 March, 2015
$.0.__(E).- In exercise of the powers conferred by clause (45) of section 10 of the Income-tax
: Act, 1961 (43 of 1961), the Central Government hereby notiles for the purposes of the said clause, the “Toint Electricity Reculatory Commission for the State of Goa and Union territories”, a Commission constituted by the Government of India, in respect of the following specified income arising to that Commission, namel ye
{a) petition fees: 5
(b) licence fees:
(c) interest eared from deposits in banks
2. This notification shall be applicable for the financial years 2011-12 t9 2015-16.
4. The notification shall be effective subject to the conditions that the: Joint Blectneity
Regulatory Commission for the State of Goa and Union territories-
(a) does not engage in any commercial activity:
(b) its activities and the nature of the specified income remain unchanged throughout the financial years: and (¢) it Hles return of income in accordance with the provision of clause (eg) of sub-section (40)
of section 139 of the said Act,
[Notification NoAW2015 F_No.196/41/2012-ITAT
DEEPSHIKHA SHARMA
Director to the Government of India
To
The Manager,
Government of India Press,
Mayapuri Press.
New Delhi,

Source: the department’s scanned file.

← Notification No. 26/2015  ·  Notification No. 28/2015 →

What a notification is. A notification is made under a power the Act itself gives, and within that power it is law — unlike a circular, which only binds the department. Its reach is the reach of the enabling provision and no wider, and the date it carries decides from when it works.

Source: the Income Tax Department’s own published text — its page for this instrument.