Income Tax

CBDT notifies two sovereign wealth funds and three Pension Funds u/s 10(23FE)

CBDT notifies two sovereign wealth funds and three Pension Funds u/s 10(23FE)
 
The CBDT has notified more sovereign wealth fund and Pension Funds under section 10(23FE) of the Income Tax Act 1961 (the Act) as the specified person for the purposes of the clause (vi) of clause (b) of the Explanation 1 to clause (23FE) of section 10 of the Act in respect of the investment made by it in India on or after the date publication of this notification in the Official Gazette but on or before the 31st day of March, 2024 subject to the fulfilment of the specified conditions:
 
The Public Sector Pension Investment Board Pension fund Notification No. 64/2021 dated 13th May 2021
The CDC Group Plc. Sovereign wealth fund Notification No. 62/2021 dated 13th May 2021
The Government Employees Superannuation Board Pension Fund Notification No. 65/2021 dated 13th May 2021
The OMERS Administration Corporation Pension Fund Notification No. 66/2021 dated 13th May 2021
Ministry of Economy and Finance (of the Republic of Korea) Sovereign wealth fund Notification No. 63/2021 dated 13th May 2021

Share

Recent Posts

  • ICAI

Empanelment of ICAI Exam observer for January 2027 Examinations. Last date: 20.11.2026

Empanelment to act as ICAI exam observers for January 2027 CA Examination. Last date to apply is 20.11.2026 Empanelment of…

2 days ago
  • GST

No arrest under GST- Major decision of 57th Meeting of GST Council held on 8th October 2026

No arrest under GST- Major decision taken in 57th Meeting of the GST Council on 8th October 2026 PRESS RELEASE…

3 days ago
  • Income Tax

Later SC ruling cannot render an act done in compliance of a court order a statutory default

A subsequent Apex Court ruling on the substantive issue cannot retrospectively make an act done in compliance of a binding…

4 days ago
  • Income Tax

Interest payment on mobilisation advance to NHAI not liable to TDS u/s 194A

Interest payment on mobilisation advance to NHAI not liable for deduction of tax at source u/s 194A - ITAT Interest…

5 days ago
  • Income Tax

Typographical error in turnover accepted during assessment not a mistake apparent from record

Typographical error in turnover declared in ITR was not as a mistake apparent from the record u/s 154 when AO…

6 days ago
  • Income Tax

Plea that assessee was not aware of order cannot be brushed aside in absence of proof of service

Ground taken by assessee that he was not aware of the order cannot be brushed aside so lightly in absence…

7 days ago