CBDT has notified income tax exemption to the Tamil Nadu Electricity Regulatory Commission under Section 10(46A) of the Income-tax Act, effective from AY 2024-25.
Vanshika verma | Sep 16, 2025 |
CBDT Notifies Tax Relief to Tamil Nadu Electricity Regulatory Commission u/s 10 & clause (46A)(b)
The Central Board of Direct Taxes (CBDT) under the Ministry of Finance has recently issued a notification in exercise of powers granted under Section 10 and clause (46A)(b) of the Income-tax Act, 1961 (43).
The Central Government notifies the Tamil Nadu Electricity Regulatory Commission (TNERC) for tax exemption. The Tamil Nadu Electricity Regulatory Commission is established under the Electricity Act, 2003.
The exemption only applies to the condition that the Tamil Nadu Electricity Regulatory Commission continues to be a commission constituted under “The Electricity Act, 2003” (No. 36 of 2003) with one or more of the purposes specified in sub-clause (a) of clause (46A) of section 10 of the Income-tax Act.
Note: This notification will be made effective from the assessment year 2024-25.
For complete information, refer to the below-mentioned notification-
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