U/s 10(46) of IT Act 1961 - Central Government notifies , ‘the Kotak Infrastructure Debt Fund Limited' - 22/2022 - Income Tax

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 22/2022 New Delhi, the 31st March, 2022 S.O. 1536(E). -In exercise of the powers conferred by clause (47) of section 10 of Income-tax Act, 1961 (43 of 1961) , the Central Government hereby notifies the infrastructure debt fund namely, the the Kotak Infrastructure Debt Fund Limited (PAN : AAACK5920G) for the purposes of the said clause, for the assessment year 2018-19 and subsequent years subject to the following conditions, namely:- (i) that the infrastructure debt fund shall conform to and comply with the provisions of the Income-tax Act, 1961 , Rule 2F of the Income-tax Rules, 1962 and the conditions provided by the Reserve Bank of India in the regard, and (ii) that the infrastructure debt fund shall file its return of income as required by the sub-section (4C) of section 139 of the Income-tax Act, 1961 on or before the due date. [F. No.178/27/2017-ITA-I] SOURABH JAIN, Under Secy. Explanatory Memorandum It is certified that no person is being adversely affected by giving retrospective effect to this notification.