https://www.taxtmi.com/highlights?id=98266 Sovereign Wealth Funds seeking exemption under Schedule V of the Income-tax Act, 2025 must file Form I for notification and then file quarterly Form II statements for each investment within one month from quarter-end, together with return of income and audit report. SWFs already notified under the 1961 Act need not file a fresh Form I, but must still submit quarterly Form II statements. CBDT also requires the prescribed data structure, verification standards and security protocols for the forms. The circular takes effect from 1 April 2026 and applies from tax year 2026-27 onward. en-us Tue, 31 Mar 2026 15:20:58 +0530 Tue, 31 Mar 2026 15:20:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=98266 Sovereign Wealth Funds seeking exemption under Schedule V of the Income-tax Act, 2025 must file Form I for notification and then file quarterly Form II statements for each investment within one month from quarter-end, together with return of income and audit report. SWFs already notified under the 1961 Act need not file a fresh Form I, but must still submit quarterly Form II statements. CBDT also requires the prescribed data structure, verification standards and security protocols for the forms. The circular takes effect from 1 April 2026 and applies from tax year 2026-27 onward. Highlights Income Tax Tue, 31 Mar 2026 15:20:58 +0530 https://www.taxtmi.com/highlights?id=98266