MINISTRY OF FINANCE
                                              (Department of Revenue)
                                    (CENTRAL BOARD OF DIRECT TAXES)
                                                   NOTIFICATION
                                        New Delhi, the 14th September, 2018
        S.O. 4867(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, the State
Load Despatch Centre Unscheduled Interchange Fund- West Bengal State Electricity Transmission Company
Limited (PAN AAIAS0980J), a trust constituted under the Electricity Act, 2003 (36 of 2003) in respect of the
following specified income arising to that trust, namely:-
        (a)      Residual money in the unscheduled interchange pool balance account;
        (b)      Income incidental to or related to unscheduled interchange; and
        (c)      Interest on fixed deposits and auto-sweep accounts.
2.      This notification shall be effective subject to the conditions that the State Load Despatch Centre
        Unscheduled Interchange Fund- West Bengal State Electricity Transmission Company Limited (PAN
        AAIAS0980J),-
        (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 deemed to have been applied for the assessment year 2018-2019 and shall
        apply with respect to the assessment years 2019-2020, 2020-2021, 2021-2022 and 2022-2023.
                                                           [Notification No. 53/2018/F. No. 300196/41/2017-ITA-I]
                                                                             VINAY SHEEL GAUTAM, Under Secy.
Explanatory Memorandum:-It is certified that no person is being adversely affected by giving retrospective
effect to this notification.




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