Income Tax

CBDT extends cut off date for investment by Sovereign Wealth Funds/Pension Funds

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

Share

Recent Posts

  • divorce

Loan repayments for assets acquisition not deductible for determining maintenance to wife

Repayments of loans taken for asset generation can’t be deducted  to arrive at earning capacity for determining maintenance to wife…

12 hours ago
  • arbitration

Supreme Court explains distinction between seat and venue of arbitration

Seat of arbitration is governed by the agreement of the parties and not by the place of hearing or the…

14 hours ago
  • Income Tax

Order u/s 263 enhancing disallowance quashed as CIT (A) has power of enhancements – ITAT

ITAT quashed order u/s 263 enhancing disallowance observing in appellate proceedings, CIT(A) has power of enhancements of income assessed, if…

2 days ago
  • Income Tax

Penalty section cannot be subject matter of revisionary jurisdiction under section 263

Section under which penalty should be initiated cannot be subject matter of revisionary jurisdiction under section 263 of Income Tax…

2 days ago
  • Income Tax

Related party transaction u/s 40A(2) shall be treated as bona fide, unless evading tax

Related party transaction u/s 40A(2) shall be treated as bona fide, unless AO finds that one of them is trying…

3 days ago
  • Income Tax

‘Transfer of property’ not include ‘acquiring’ of property or ‘purchasing’ of property – ITAT

The word ‘transfer of property’ does not include ‘acquiring’ of property or ‘purchasing’ of property and only can be confined…

3 days ago