Pension fund exemption for Caisse de de po t et placement du Que bec subject to compliance and reporting conditions. The Central Government specifies Caisse de de po t et placement du Que bec as the specified person under clause (23FE) of section 10 for eligible investments in India during the prescribed period, conditional on filing returns and Form No.10BBC certification, quarterly intimation in Form No.10BBB, maintaining segmented accounts, continued regulation under Que bec law, administering assets to meet statutory retirement and related obligations, limits on non-core assets, prohibition of loans or borrowings for Indian investments, and prohibition on day-to-day participation in investee operations while permitting monitoring rights.
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Provisions expressly mentioned in the judgment/order text.
Pension fund exemption for Caisse de de po t et placement du Que bec subject to compliance and reporting conditions.
The Central Government specifies Caisse de de po t et placement du Que bec as the specified person under clause (23FE) of section 10 for eligible investments in India during the prescribed period, conditional on filing returns and Form No.10BBC certification, quarterly intimation in Form No.10BBB, maintaining segmented accounts, continued regulation under Que bec law, administering assets to meet statutory retirement and related obligations, limits on non-core assets, prohibition of loans or borrowings for Indian investments, and prohibition on day-to-day participation in investee operations while permitting monitoring rights.
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