CBDT prescribes conditions to be satisfied by pension fund notified u/s 10(23FE) for administering/investing assets

The Central Board of Direct Taxes (CBDT) has amended Rule 2DB of the Income-tax Rule which prescribes conditions to be satisfied by the pension fund notified under section 10(23FE). The board has inserted a new proviso to Rule 2DB(ii) to list down the conditions which are to be satisfied by the pension fund with respect to assets being administered or invested by it.The Central Board of Direct Taxes (CBDT) has amended Rule 2DB of the Income-tax Rule which prescribes conditions to be satisfied by the pension fund notified under section 10(23FE). The board has inserted a new proviso to Rule 2DB(ii) to list down the conditions which are to be satisfied by the pension fund with respect to assets being administered or invested by it.taxmann.com Latest Statutory HappeningsRead More

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