CBDT corrects the assessment years for the Andhra Pradesh electricity regulator’s exemption
The 4 November corrigendum corrects the English version of the APERC exemption notification to cover AY 2020–21 through AY 2024–25.
Published by Mohit R Gupta & AssociatesChartered Accountants · Delhi
CBDT published a corrigendum on 4 November 2026 to paragraph 3 of the English version of Notification 24/2019, dated 19 March 2019. That notification identified the Andhra Pradesh Electricity Regulatory Commission, Hyderabad, under section 10(46) of the Income-tax Act, 1961. CBDT issued the correction under section 536 of the Income-tax Act, 2025.
The corrected period runs from assessment year 2020–21 through assessment year 2024–25, inclusive. The previous English wording listed assessment years 2019–20 through 2023–24. The corrigendum therefore removes AY 2019–20 from the English text and adds AY 2024–25. The Hindi version remains as issued.
The change is specific to this commission and the period in the cited notification. Review any APERC exemption schedules, reconciliations and assessment correspondence that used the earlier English wording. For a specific item of income, read Notification 24/2019 alongside the corrigendum and confirm that the original income and eligibility conditions are met for the relevant assessment year.
WHAT TO DO NEXT
Practical action
If you maintain or review APERC’s tax records, update the assessment-year schedule and check any working papers that rely on the earlier English text.
This summary is general information. Read the original publication and check subsequent amendments before acting. For advice on your specific facts, consult our office.
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