https://www.taxtmi.com/circulars?id=64191 The Finance Act, 2020 provides an exemption under section 10(23FE) for dividend, interest and long term capital gains on investments by specified sovereign and pension funds in specified infrastructure businesses held for at least three years. Notified Sovereign Wealth Funds must apply using Form I (certifying government ownership, non commercial status and appropriation of earnings), file income tax returns with an audit report, and submit electronic quarterly investment intimations in Form II within one month of each quarter end, with verification and supporting documentation. en-us Wed, 22 Jul 2020 00:00:00 +0530 Wed, 22 Jul 2020 18:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64191 The Finance Act, 2020 provides an exemption under section 10(23FE) for dividend, interest and long term capital gains on investments by specified sovereign and pension funds in specified infrastructure businesses held for at least three years. Notified Sovereign Wealth Funds must apply using Form I (certifying government ownership, non commercial status and appropriation of earnings), file income tax returns with an audit report, and submit electronic quarterly investment intimations in Form II within one month of each quarter end, with verification and supporting documentation. Circulars Income Tax Wed, 22 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64191