TaxTMI 
TaxTMI 
Central Government specifies the pension fund, namely, the Caisse de depot et placement du Quebec
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.... exercise of powers conferred by sub-clause (iv) of clause (c) of the Explanation 1 to clause (23FE) of section 10 of the Income-tax Act, 1961 (43of 1961) (hereinafter referred to as the "Act"), the Central Government hereby specifies the pension fund, namely, the Caisse de depot et placement du Quebec, (hereinafter referred to as "the assessee") as the specified person for the purposes of the sai....
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....nce to the provisions of clause (23FE) of section 10 of the Act, during the financial year, from an accountant as defined in the Explanation below sub-section (2) of section 288 of the Act and as per the provisions of clause (vi) of rule 2DB of the Income-tax Rules, 1962; (iii) the assessee shall intimate the details in respect of each investment made by it in India during the quarter wit....
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.... or plans, as the case may be; (vii) not more than ten per cent. of the total value of the assets administered or invested by the assessee are allowed for the purpose other than the purpose listed at clause (vi) provided such assets are wholly owned directly or indirectly by the Government of Quebec, Canada and such assets vest in the Government of Quebec, Canada upon dissolution; ....
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....a or any other account designated by such Government so that no portion of the earnings inures any benefit to any private person; (x) the assessee shall not have any loans or borrowings [as defined in sub-clause (b) of clause (ii) of Explanation 2 to clause (23FE) of section 10 of the Act], directly or indirectly, for the purposes of making investment in India; and (xi) the asses....