Notification no. 147/2025 dated 15.09.2025- Income tax

Central Board of Direct Taxes (CBDT) issued notification no. 147/2025 dated 15.09.2025 to provide exemption u/s 10(46A)(b) of Income-tax Act, 1961 (43 of 1961) to “Tamil Nadu Electricity Regulatory Commission” (PAN: AAAGT0048J) (hereinafter referred to as “the assessee”), a commission constituted under “The Electricity Act, 2003” (No. 36 of 2003), for the purposes of the said clause.

This notification shall be effective from the assessment year 2024-25, subject to the condition that the assessee 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