Central Government specifies Exchange Risk Administration Fund'set up by Indian Renewable Energy Development Agency Limited u/s 10(23E) - 11220 - Income Tax Act, 1961
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Specified fund designation under income tax enables Exchange Risk Administration Fund established by Indian Renewable Energy Development Agency Limited. Central Government designates the Exchange Risk Administration Fund, established by the Indian Renewable Energy Development Agency Limited, as a specified fund for the purposes of sub-clause (23E) of section 10 of the Income-tax Act, 1961, noting that the agency is a public financial institution notified under sub-section (2) of section 4A of the Companies Act, 1956.
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Specified fund designation under income tax enables Exchange Risk Administration Fund established by Indian Renewable Energy Development Agency Limited.
Central Government designates the Exchange Risk Administration Fund, established by the Indian Renewable Energy Development Agency Limited, as a specified fund for the purposes of sub-clause (23E) of section 10 of the Income-tax Act, 1961, noting that the agency is a public financial institution notified under sub-section (2) of section 4A of the Companies Act, 1956.
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