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)
Recognised provident fund investment pattern governs permitted securities, portfolio limits, ratings, and exposure restrictions for fund moneys. Investment of recognised provident fund moneys after 31 October 1974 must follow the prescribed investment pattern, with amounts kept in savings or current accounts only to the extent permitted and the balance deployed across specified classes of government securities, debt instruments, short-term instruments, equities and asset-backed or trust-structured investments. The rule fixes minimum and maximum portfolio limits for each category, imposes rating, maturity, listing and concentration requirements, and provides additional restrictions on fresh accretions, turnover, derivatives, downgraded securities and certain mutual fund exposures.
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.
Recognised provident fund investment pattern governs permitted securities, portfolio limits, ratings, and exposure restrictions for fund moneys.
Investment of recognised provident fund moneys after 31 October 1974 must follow the prescribed investment pattern, with amounts kept in savings or current accounts only to the extent permitted and the balance deployed across specified classes of government securities, debt instruments, short-term instruments, equities and asset-backed or trust-structured investments. The rule fixes minimum and maximum portfolio limits for each category, imposes rating, maturity, listing and concentration requirements, and provides additional restrictions on fresh accretions, turnover, derivatives, downgraded securities and certain mutual fund exposures.
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