Central Government notifies the infrastructure debt fund namely ‘The Kotak Infrastructure Debt Fund Limited'

Central Government notifies the infrastructure debt fund namely ‘The Kotak Infrastructure Debt Fund Limited' The Central Board of Direct Taxes (CBDT) vide Notification No.22/2022 dated 31st March 2022 notifies infrastructure debt fund namely ‘The Kotak Infrastructure Debt Fund Limited'.

The Notification is Given Below:

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.

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