CBDT extends cut off date for investment by Twelve sovereign wealth funds / Pension Funds from 31st March 2024 to 31st March, 2025.
CBDT has issued Notifications whereby cut off date for investment by twelve Sovereign Wealth Funds / Pension Funds has been extended for claiming exemption u/s 10(23FE) of the Income Tax Act, 1961.
| Notification No. 65/2024 | Stretford Investment Pte. Ltd. |
| Notification No. 64/2024 | Dagenham Investment Pte. Ltd |
| Notification No. 63/2024 | Anahera Investment Pte. Ltd |
| Notification No. 62/2024 | Bricklayers Investment Pte. Ltd |
| Notification No. 61/2024 | CDPQ Fixed Income XI Inc. |
| Notification No. 60/2024 | The Ivanhoe Logistics Inc. |
| Notification No. 59/2024 | The CDPQ Infrastructures Asia III Inc |
| Notification No. 58/2024 | The Caisse de dépôt et placement du Québec |
| Notification No. 57/2024 | The Canada Pension Plan Investment Board Private Holdings (4) Inc. |
| Notification No. 56/2024 | The Canada Pension Plan Investment Board |
| Notification No. 55/2024 | The Norfund, Government of Norway |
| Notification No. 54/2024 | The MIC Redwood 1 RSC Limited, Abu Dhabi, United Arab Emirates |
- Assessee developing infrastructure facility of Govt. not contractor for denying 80IA deduction
- Jurisdictional PCIT/CIT to condone delay in filing Form No. 10A for Registration u/s 12A
- AO not justified in making addition by adopting extrapolation without any material evidence
- Court can not sit over comparative financial attractiveness of rival offers decided by CoC
- When quantum appeal restored, penalty can’t be levied for non-payment of demand
