Foreign Portfolio Investor recognition specified, treating SEBI registered FPIs as Foreign Institutional Investors under tax law. The Central Government designates entities registered as Foreign Portfolio Investors under the applicable regulatory regime as Foreign Institutional Investors for purposes of the Income-tax Act, aligning regulatory registration with tax classification pursuant to the Explanation to the relevant provision of the Act and effected by a notification of the tax administration.
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.
Foreign Portfolio Investor recognition specified, treating SEBI registered FPIs as Foreign Institutional Investors under tax law.
The Central Government designates entities registered as Foreign Portfolio Investors under the applicable regulatory regime as Foreign Institutional Investors for purposes of the Income-tax Act, aligning regulatory registration with tax classification pursuant to the Explanation to the relevant provision of the Act and effected by a notification of the tax administration.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
