Exemption from Capital Gains u/s 47(viiad)- Other Conditions required to be fulfilled by the original fund - New Rule 27AL - Income-tax (21st Amendment) Rules, 2022

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....ise of the powers conferred by sub-clause (iv) of clause (a) of Explanation to clause (viiad) of section 47 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:─ 1. Short title and commencement.- (1) These rules may be called the Income-tax (21st Amendment) Ru....