Part DCA - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC)
Infrastructure Debt Fund eligibility rules impose RBI-based investment, borrowing, maturity, and conflict-of-interest conditions. Infrastructure Debt Fund eligible for exemption under clause (47) of section 10 must be set up as a Non-Banking Financial Company meeting the Reserve Bank of India's regulatory framework. The fund may invest only in specified infrastructure projects and may raise resources through rupee or foreign currency bonds, zero coupon bonds, or external commercial borrowings, subject to applicable regulatory conditions. It must observe maturity, tenor, concentration, and conflict-of-interest restrictions, file its return of income within the prescribed due date, and satisfy all conditions under the rule and Reserve Bank of India directions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Infrastructure Debt Fund eligibility rules impose RBI-based investment, borrowing, maturity, and conflict-of-interest conditions.
Infrastructure Debt Fund eligible for exemption under clause (47) of section 10 must be set up as a Non-Banking Financial Company meeting the Reserve Bank of India's regulatory framework. The fund may invest only in specified infrastructure projects and may raise resources through rupee or foreign currency bonds, zero coupon bonds, or external commercial borrowings, subject to applicable regulatory conditions. It must observe maturity, tenor, concentration, and conflict-of-interest restrictions, file its return of income within the prescribed due date, and satisfy all conditions under the rule and Reserve Bank of India directions.
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