https://www.taxtmi.com/notifications?id=135600 Designation of CDPQ Fixed Income XI Inc. as a specified person under clause (23FE) of section 10 conditions tax exemption on eligible Indian investments upon fulfilment of specific requirements: timely income-tax return filing, Form No. 10BBC accountant certification, quarterly Form No. 10BBB investment intimations, segmented accounting for qualifying investments, continued regulation under Que bec law, use of earnings and assets solely for statutory obligations and defined contributions, limits on non-core asset use with vesting to the Government of Que bec, prohibition on borrowings for Indian investments, and restriction on day-to-day participation in investees; breach renders exemption unavailable. en-us Tue, 04 May 2021 00:00:00 +0530 Sat, 12 Jul 2025 16:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=135600 Designation of CDPQ Fixed Income XI Inc. as a specified person under clause (23FE) of section 10 conditions tax exemption on eligible Indian investments upon fulfilment of specific requirements: timely income-tax return filing, Form No. 10BBC accountant certification, quarterly Form No. 10BBB investment intimations, segmented accounting for qualifying investments, continued regulation under Que bec law, use of earnings and assets solely for statutory obligations and defined contributions, limits on non-core asset use with vesting to the Government of Que bec, prohibition on borrowings for Indian investments, and restriction on day-to-day participation in investees; breach renders exemption unavailable. Notifications Income Tax Tue, 04 May 2021 00:00:00 +0530 https://www.taxtmi.com/notifications?id=135600