MANU/CBDT/0023/2022

Ministry : Ministry of Finance

Department/Board : CBDT

Notification No. : 22/2022

Date of Notification : 31.03.2022

Date of Publication : 31.03.2022

Central Government notifies the infrastructure debt fund namely, the the Kotak Infrastructure Debt Fund Limited

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.