**Executive Summary**
The Central Board of Direct Taxes, under the Ministry of Finance, has notified the Rajasthan Electricity Regulatory Commission as an assessee for the purposes of Section 10(46A)(b) of the Income-tax Act, 1961. This notification, issued on March 31, 2026, is effective starting from the assessment year 2026-27. The recognition is contingent upon the Commission maintaining its status under the Electricity Regulatory Commissions Act, 1998.
**Key Points / Main Content**
**Official Notification and Authority**
* The notification (S.O. 1664(E)) is issued by the Department of Revenue, Central Board of Direct Taxes, exercising powers under the Income-tax Act, 1961.
* The document officially notifies the "Rajasthan Electricity Regulatory Commission" (PAN: AAABR0296D) for the purposes of clause (46A) of section 10 of the Income-tax Act.
**Assessee Status and Constitution**
* The assessee is identified as a Commission constituted under the Electricity Regulatory Commissions Act, 1998 (No. 14 of 1998).
**Effective Dates and Timeline**
* The provisions of this notification become effective from the assessment year 2026-27.
**Conditions for Eligibility**
* The notification remains valid only if the assessee continues to operate as a Commission under the Electricity Regulatory Commissions Act, 1998.
* The assessee must continue to fulfill one or more of the purposes specified in sub-clause (a) of clause (46A) of section 10 of the Income-tax Act.
**Impact Analysis**
**Rajasthan Electricity Regulatory Commission**
**Impact**
The Commission is formally recognized as a notified entity under the Income-tax Act, 1961, which impacts its tax assessment status starting from the 2026-27 assessment year.
**Action Required**
The Commission must ensure it maintains its legal constitution under the Electricity Regulatory Commissions Act, 1998, and continues to perform the specific purposes required by the Income-tax Act to retain this status.
**Central Board of Direct Taxes (Income Tax Department)**
**Impact**
The department is required to acknowledge the Commission's status under Section 10(46A) during tax processing and assessments.
**Action Required**
The department must apply these provisions to the assessee’s tax filings beginning with the Assessment Year 2026-27.
Key Entities Referenced
Rajasthan Electricity Regulatory Commission: The specific entity notified as an 'assessee' for tax-related purposes under Section 10(46A) of the Income-tax Act.
Income-tax Act, 1961: The primary legislation under which the Central Government exercises powers to grant tax exemptions or notify specific entities.
Electricity Regulatory Commissions Act, 1998: The statutory act under which the Rajasthan Electricity Regulatory Commission was originally established.
Central Board of Direct Taxes (CBDT): The division within the Ministry of Finance responsible for issuing the notification regarding direct tax assessments.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-31032026-271454
CG-DxLx-xEG-I3D1H0x3x2x0 26-271454
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असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 1599] िई किल्ली, मगं लवार, मार् ा31, 2026/र्त्रै 10, 1948 13, 1947 26/पौष 17, 1947
No. 1599] NEW DELHI, TUESDAY, MARCH 31, 2026/CHAITRA 10, 1948 ss, 1947 /PAUSHA 17, 1947
वित्त मत्रं ालय
(राजस्ि विभाग)
(केन्द्रीय प्रत्यक्ष कर बोर्ड)
अविसचू ना
नई दिल्ली, 31 माच,ड 2026
का.आ. 1664(अ).—केंद्र सरकार आयकर अविवनयम, 1961 (1961 का 43) (वजसे आगे “आयकर अविवनयम”
कहा जाएगा) की िारा 10 के खंर् (46ए) के उपखंर् (बी) द्वारा प्रित्त शवियों का प्रयोग करते हुए एतद्द्वारा “राजस्थान विद्युत
विवनयामक आयोग ” (पनै : AAABR0296D) (वजसे आगे “जिधााररजत” कहा जाएगा) को उि खंर् के प्रयोजनों के वलए विद्युत
विवनयामक आयोग अविवनयम, 1998 (1998 का 14,) के तहत गठित एक आयोग के रूप म ेंअविसूवचत करती ह।ै
2. यह अविसूचना कर वनिाडरण िर्ड 2026-27 स े प्रभािी होगी बिते कक जिधााररजत इस आयकर अविवनयम की िारा 10
के खंर् (46ए) के उपखंर् (ए) म ें वनर्िडष्ट एक या एक स े अविक प्रयोििों के साथ विद्युत विवनयामक आयोग अविवनयम,
1998 (1998 का 14) के तहत गठित आयोग बना रह।े
[अविसूचना स.ं 53 /2026/फा.स.ं 300195/48/2025-आईटीए-I]
हरिेि ससंह, अिर सवचि
2338 GI/2026 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 31st March, 2026
S.O. 1664(E).—In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the
Income-tax Act, 1961 (43 of 1961), (hereinafter referred to as “the Income-tax Act”), the Central Government hereby
notifies “Rajasthan Electricity Regulatory Commission” (PAN: AAABR0296D) (hereinafter referred to as “the
assessee”), a Commission constituted under the Electricity Regulatory Commissions Act, 1998 (No. 14 of 1998), for
the purposes of the said clause.
2. This notification shall be effective from the assessment year 2026-27, subject to the condition that the assessee
continues to be a Commission constituted under the Electricity Regulatory Commissions Act, 1998 (No. 14 of 1998)
with one or more of the purposes specified in sub-clause (a) of clause (46A) of section 10 of the Income-tax Act.
[Notification No. 53/2026/F.No.300195/48/2025-ITA-I]
HARDEV SINGH, Under Secy.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.