notification no. 134/2025 f. no. 196/86/2024 ita i / s.o. 3796 e · 19 Aug 2025

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 19th August, 2025

S.O. 3796(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, ‘Tamil Nadu Electricity Regulatory Commission’ (PAN AAAGT0048J), a body constituted by the Government of Tamil Nadu, in respect of the following specified income arising to that Commission, namely:-

• (a) Amount received in the form of Government Grants;
• (b) Fees levied under clause (g) of sub-section (1) of Section 86 read with Section 181 of the Electricity Act, 2003;
• (c) Penalties levied u/s 146 of the Electricity Act, 2003;
• (d) Interest earned on bank deposits.

2. This notification shall be effective subject to the conditions that ‘Tamil Nadu 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 Income-tax Act, 1961.

3. This notification shall be deemed to have been applied for the financial year 2022-2023 relevant to assessment year 2023-2024.

[Notification No. 134/2025/F. No. 196/86/2024-ITA-I] MEENAKSHI SINGH, Dy. Secy. . Explanatory Memorandum It is certified that no person is being adversely affected by giving retrospective effect to this notification.

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