Central Government specifies Canbank (Offshore) Mutual Fund set up by Canara Bank, being a corresponding new bank under column 2 of the First Schedule to the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970), as mutual fund of a public sector bank u/s 10(23D) - S.O.20(E) - Income Tax Act, 1961
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Mutual fund specification: Canbank (Offshore) Mutual Fund recognised as a public sector bank mutual fund under section 10(23D). Central Government specifies Canbank (Offshore) Mutual Fund set up by Canara Bank, being a corresponding new bank under column 2 of the First Schedule to the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, as a mutual fund of a public sector bank for the purposes of clause (23D) of section 10 of the Income-tax Act, 1961 by notification dated 8 January 1992.
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 specification: Canbank (Offshore) Mutual Fund recognised as a public sector bank mutual fund under section 10(23D).
Central Government specifies Canbank (Offshore) Mutual Fund set up by Canara Bank, being a corresponding new bank under column 2 of the First Schedule to the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, as a mutual fund of a public sector bank for the purposes of clause (23D) of section 10 of the Income-tax Act, 1961 by notification dated 8 January 1992.
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