https://www.taxtmi.com/acts?id=40855 Computation of minimum investment and exempt income under clause (23FE) of section 10 is prescribed for Alternative Investment Funds, domestic companies and non-banking financial companies. The rule sets formula-based methods for determining the relevant investment percentages in eligible entities and the exempt income attributable to specified persons, using aggregate eligible investments or eligible lending reflected in balance sheets over the prescribed financial years. It also requires every covered entity that has received funds from a specified person to furnish Form 10BBD electronically within the prescribed time, with defined filing, verification and system requirements. en-us Sat, 07 May 2022 11:04:02 +0530 Sat, 16 May 2026 13:01:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40855 Computation of minimum investment and exempt income under clause (23FE) of section 10 is prescribed for Alternative Investment Funds, domestic companies and non-banking financial companies. The rule sets formula-based methods for determining the relevant investment percentages in eligible entities and the exempt income attributable to specified persons, using aggregate eligible investments or eligible lending reflected in balance sheets over the prescribed financial years. It also requires every covered entity that has received funds from a specified person to furnish Form 10BBD electronically within the prescribed time, with defined filing, verification and system requirements. Act-Rules Income Tax Sat, 07 May 2022 11:04:02 +0530 https://www.taxtmi.com/acts?id=40855