The Central Board of Direct Taxes (CBDT) has granted income tax exemption to the Forum of Regulators, a statutory body constituted by the Government of India under the Ministry of Power. Here are the key details: *Exemption Details:* - *Section:* The exemption is granted under Section 10(46) of the Income-tax Act, 1961. - *Notification:* Notification No. 66/2025, dated June 19, 2025. - *Financial Years:* The exemption applies to financial years 2011-12 to 2015-16 (Assessment Years 2012-13 to 2016-17) with retrospective effect. *Specified Incomes Exempted:* - *Grants:* Grants received from the Government. - *Membership Fees:* Membership fees collected from Central and State Electricity Regulatory Commissions. - *Interest Income:* Interest income earned on bank deposits. *Conditions of Exemption:* - *Non-Commercial Activities:* The Forum must not engage in any commercial activity. - *Nature of Income and Activities:* The nature of the income and activities must remain unchanged across the specified financial years. - *Income Tax Return:* The Forum must file its income tax return as per clause (g) of sub-section (4C) of section 139 of the Income-tax Act .