https://www.taxtmi.com/notifications?id=135599 Specification of a pension fund as a specified person for tax exemption on eligible investments in India is subject to conditions including timely filing of returns, furnishing a prescribed compliance certificate, quarterly investment intimations, maintenance of segmented accounts, continued regulation under Que bec law, limitation of asset uses to statutory obligations for beneficiaries, restrictions on borrowings for making investments in India, prohibition on participation in day to day operations of investees (while allowing monitoring rights), and that breach of any condition will render the fund ineligible for the exemption. en-us Tue, 04 May 2021 00:00:00 +0530 Sat, 12 Jul 2025 15:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=135599 Specification of a pension fund as a specified person for tax exemption on eligible investments in India is subject to conditions including timely filing of returns, furnishing a prescribed compliance certificate, quarterly investment intimations, maintenance of segmented accounts, continued regulation under Que bec law, limitation of asset uses to statutory obligations for beneficiaries, restrictions on borrowings for making investments in India, prohibition on participation in day to day operations of investees (while allowing monitoring rights), and that breach of any condition will render the fund ineligible for the exemption. Notifications Income Tax Tue, 04 May 2021 00:00:00 +0530 https://www.taxtmi.com/notifications?id=135599