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of <h1>Inbar Holding's India eligible investments u/s 10(23FE) pension-fund exemption, with strict filing and reporting conditions till 2030</h1> Inbar Holding RSC Limited is specified under section 10(23FE) as a 'specified person' for exemption in respect of eligible investments made in India from the notification's publication date up to 31 March 2030. The specification is conditional on timely filing of income-tax returns for all relevant years until liquidation of the investment, quarterly reporting of each Indian investment in Form 10BBB, furnishing an accountant's compliance certificate in Form 10BBC with the return, and maintaining segmented income and expenditure accounts for exempt investments, with non-compliance rendering the fund ineligible for the exemption. The fund must remain regulated under Abu Dhabi/UAE law, operate solely as a pension/retirement-type fund with no private inurement, avoid borrowing for Indian investments, and refrain from day-to-day participation in investee operations.
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