Exempt Income of Specified Foreign Entities/Non-Resident under section 10 - Income Tax - Ready Reckoner - Income Tax

Other Exempt Income of Specified Foreign Entities/Non-Resident Section Particulars Limit of Exemption- Specified Foreign Entities/Non-Resident 10(23BBB) Income of European Economic Community derived in India from interest, dividends, or capital gains from investment out of its funds under notified scheme of CG Fully Exempt - European Economic Community 10(23BBC) Income of the SAARC Fund for Regional Projects set up by Colombo Declaration Fully Exempt - SAARC Fund for Regional Projects 10(23FBC) Any income accruing or arising to or received by a unit holder from a specified fund or on transfer of units in a specified fund Fully Exempt - Unit holder of specified fund 10(23FE) Dividend, interest or long -term capital gains arising to specified fund from an investment made by it in India, whether in the form of debt or share capital or unit, if such investment- is made on or after the 1st day of April, 2020 but on or before the 31st day of March, 2024; is held for at least three years., is in- a business trust, a company or enterprise or an entity carrying on the business of developing, or operating and maintaining, or developing, operating, and maintaining any infrastructure facility or a SEBI Category-I or Category-II AIF having not less than 50% investment in one or more of the company or enterprise or entity referred to in item (iii) or item (v) or item (vi) or in an Infrastructure Investment Trust or a domestic company, set up and registered on or after the 1st day of April, 2021, having minimum seventy-five per cent. investments in one or more of the companies or enterprises or entities referred to in item (iii); or a NBFC registered as an Infrastructure Finance Company or in an Infrastructure Debt Fund having minimum ninety per cent. lending to one or more of the companies or enterprises or entities referred to in item (iii) Fully Exempt Specified Person, being A wholly owned subsidiary of the Abu Dhabi Investment Authority A sovereign wealth fund Pension fund ( N. No. 89/2023 dated 13.10.2023) Satisfying the prescribed conditions 10(23FF) any income of the nature of capital gains, arising on account of transfer of share of a company resident in India, by the resultant fund or a specified fund to the extent such shares were transferred from the original fund, or from its wholly owned special purpose vehicle, to the resultant fund in relocation, and where capital gains on such shares were not chargeable to tax if that relocation had not taken place. Fully Exempt Non-Resident