Tariff, License Fee Received By Electricity Regulatory Commissions Not Exigible To Tax: Delhi High Court

The Delhi High Court ruled that the tariff license fee received by electricity regulatory commissions is not subject to tax. The case involved the taxation of fees received by electricity regulatory bodies, with the revenue department arguing for their taxability. However, the court found that such fees do not fall under the taxable category and are not subject to income tax. The ruling clarifies the tax treatment of such regulatory fees, offering clarity on the legal framework for the taxation of income received by electricity commissions.