Approval of the fund

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..... Central Board of Direct Taxes, Department of Revenue, Ministry of Finance, North Block, New Delhi having supervision and control over the work of Foreign Tax and Tax Research (FT TR) Division.] (3) The application under sub-rule (2) shall be made three months before the beginning of the previous year for which the fund seeks the approval. (4) A committee as notified by the Board, shall exam .....

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..... ittee, shall, within sixty days from the end of the month in which the application under sub-rule (2) has been made,- (i) by an order in writing, grant approval to the fund subject to such conditions as it may deem fit; or (ii) for reasons to be recorded in writing, reject the application. (8) The approval once granted, subject to any condition specified in this behalf, shall be applicabl .....

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..... A copy of the order rejecting the application or withdrawing the approval shall be communicated to the fund as well as the Assessing Officer and the Principal Commissioner or Commissioner having jurisdiction over the fund. ] ******************** Notes:- 1. Inserted vide Not. 14/2016 - Dated 15-3-2016 2. Substituted vide Notification 19/2018 Dated 11-04-2018 , b .....

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