notification no. 22/2016 f.no. 196282014 lta i

[To be published in the cazette oflndia, Extraordinary, Part-II, Section 3, Sub-section (ii)] Govemment oflndia Ministry ofFinance Departrnent ofRevenue Central Board of Diect Taxes NOTIFICAa|ION F- New Delhi, the / March, 2016 S.O (E). - In exercise ofthe powers conferred by clause (46) ofsection l0 ofthe Income-tax Act, 1961 (43 of 1961), the Central covemment hereby notifies for the puposes ofthe said clause, the Andhra Pradesh Elect city Regulatory Commission, a Commission constituted under the Andhra Pradesh Electricity Reform Act, 1998 (covemment ofAndhra Pradesh Act No.3O of 1998), in respect ofthe following specified income arisingto that Commissioh, namely:-

• (a) Licenc€ fee received under the Electricity Act, 2003;
• (b) Grans-in-Aid received from covemmem;
• (c) Interest earned on investment or deposit in nationalised bank or financial institutions.

2. This notification shall be subject to the conditions that the Andka pradesh Electricity Regulatory Commission:-

• (a) shall not engage in any commercial activity;
• (b) its activities and the nature ofthe specified income remain unchanged throughout the financialyears; and
• (c) shall file retum ofincome in accordance with the provision ofclause (g) ofsub-section (4C) ofsection 139 ofthe Income-tax Act. 1961.

3. This nolification shall be deemed to have been applicable for the financi4l year 2014-2015 and shall apply with respect to the financial years 2015-2016,2016-2017,2017-2018 and2OtB-ZOtg.

lNotification No. tZ 2016 F.No. 196282014-lTA-ll

To The Manager, Government of India Press, Mayapuri Press, New Delhi.

(DEEPSHKHA SHARMA) Director, Go,'vemment of lndia