Central Government specifies 'GIC Mutual Fund', set up by the General Insurance Corporation of India, a body corporate incorporated under the provisions of the Companies Act, 1956 (1 of 1956) u/s 10(23D) - S.O.151(E) - Income Tax Act, 1961
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Mutual fund recognition: GIC Mutual Fund and its subsidiaries specified as a mutual fund under income-tax exemption provisions. The Central Government specified 'GIC Mutual Fund', set up by the General Insurance Corporation of India, as a Mutual Fund of a public financial institution, and included its four wholly owned insurance company subsidiaries within that specification for assessment year 1991-92 and subsequent assessment years under the income-tax exemption provision.
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.
Mutual fund recognition: GIC Mutual Fund and its subsidiaries specified as a mutual fund under income-tax exemption provisions.
The Central Government specified "GIC Mutual Fund", set up by the General Insurance Corporation of India, as a Mutual Fund of a public financial institution, and included its four wholly owned insurance company subsidiaries within that specification for assessment year 1991-92 and subsequent assessment years under the income-tax exemption provision.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.