CBDT notifies ‘Ontario Inc.’ as pension fund for Sec. 10(23FE) exemption

The Central Board of Direct Taxes (CBDT) has notified pension funds namely, Ontario Inc., for the purpose of exemption under section 10(23FE). The notified funds shall be eligible to claim exemption in respect of investment made in India on or before 31-03-2024 subject to prescribed conditions.The Central Board of Direct Taxes (CBDT) has notified pension funds namely, Ontario Inc., for the purpose of exemption under section 10(23FE). The notified funds shall be eligible to claim exemption in respect of investment made in India on or before 31-03-2024 subject to prescribed conditions.taxmann.com Latest Statutory HappeningsRead More

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