Exemption under section 10(23FE) extended to preserve the pension fund's tax-exempt status for an additional year. The Central Government amends the opening paragraph of the principal notification under section 10(23FE) by substituting the earlier terminal date with a new later date, thereby extending the exemption for the pension fund 1000242244 Ontario Inc.; the amendment is made under sub-clause (iv) of clause (c) of Explanation 1 to clause (23FE) of section 10 and is subject to the qualification concerning acts or omissions on and from 1 April 2024 until the date of publication of this notification.
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Exemption under section 10(23FE) extended to preserve the pension fund's tax-exempt status for an additional year.
The Central Government amends the opening paragraph of the principal notification under section 10(23FE) by substituting the earlier terminal date with a new later date, thereby extending the exemption for the pension fund 1000242244 Ontario Inc.; the amendment is made under sub-clause (iv) of clause (c) of Explanation 1 to clause (23FE) of section 10 and is subject to the qualification concerning acts or omissions on and from 1 April 2024 until the date of publication of this notification.
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