Notification No. 11 /2022 [F. No. 300196/1/2022-ITA-I] / S.O. 357(E) : Notification No. 11 /2022 [F. No. 300196/1/2022-ITA-I] / S.O. 357(E

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION

S.O. 357(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, ‘West
Bengal Electricity Regulatory Commission’, Kolkata (PAN: AAAGW0011J), a Commission constituted by
the State Government of West Bengal, in respect of the following specified income arising to that
Commission, namely:-
(a) Income from the fund maintained in accordance with the provisions of the West Bengal
Electricity Regulatory Commission (Manner of application of Fund) Rules, 2006; and
(b) Income from the fees collected in accordance with the provisions of the West Bengal Electricity
(fees for application for grant of license) Rules, 2005, notified by the Government of West
Bengal.
2. This notification shall be effective subject to the conditions that West Bengal Electricity
Regulatory Commission, Kolkata –
(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 applicable for the financial years 2021-2022, 2022-2023, 2023-2024,
2024-2025 and 2025-2026.

[Notification No. 11 /2022/F. No. 300196/1/2022-ITA-I]
SOURABH JAIN, Under Secy

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