https://www.taxtmi.com/acts?id=16117 Infrastructure Debt Fund eligible for exemption under clause (47) of section 10 must be set up as a Non-Banking Financial Company meeting the Reserve Bank of India's regulatory framework. The fund may invest only in specified infrastructure projects and may raise resources through rupee or foreign currency bonds, zero coupon bonds, or external commercial borrowings, subject to applicable regulatory conditions. It must observe maturity, tenor, concentration, and conflict-of-interest restrictions, file its return of income within the prescribed due date, and satisfy all conditions under the rule and Reserve Bank of India directions. en-us Wed, 09 May 2012 18:20:13 +0530 Sat, 23 May 2026 11:16:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=16117 Infrastructure Debt Fund eligible for exemption under clause (47) of section 10 must be set up as a Non-Banking Financial Company meeting the Reserve Bank of India's regulatory framework. The fund may invest only in specified infrastructure projects and may raise resources through rupee or foreign currency bonds, zero coupon bonds, or external commercial borrowings, subject to applicable regulatory conditions. It must observe maturity, tenor, concentration, and conflict-of-interest restrictions, file its return of income within the prescribed due date, and satisfy all conditions under the rule and Reserve Bank of India directions. Act-Rules Income Tax Wed, 09 May 2012 18:20:13 +0530 https://www.taxtmi.com/acts?id=16117