Investment eligibility expanded to include debt instruments of RBI registered infrastructure finance companies, effective on publication. The Income-tax (13th Amendment) Rules, 2012 add clause (viii) to Rule 17C of the Income-tax Rules, 1962 to permit investment in debt instruments issued by infrastructure finance companies registered with the Reserve Bank of India; the amendment is made under statutory rulemaking power and comes into force upon publication in the Official Gazette.
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.
Investment eligibility expanded to include debt instruments of RBI registered infrastructure finance companies, effective on publication.
The Income-tax (13th Amendment) Rules, 2012 add clause (viii) to Rule 17C of the Income-tax Rules, 1962 to permit investment in debt instruments issued by infrastructure finance companies registered with the Reserve Bank of India; the amendment is made under statutory rulemaking power and comes into force upon publication in the Official Gazette.
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