Notification of Sovereign Wealth Fund under Schedule V [Table: SI. No. 7.Note 5(a)(ii)(G)] of the Income-tax Act, 2025

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... interest, any sum referred to in section 92(2)(k) of the Act or long-term capital gains (whether or not such capital gains are deemed as short-term capital gains under section 76 of the Act) arising from investment made by it in India if the investment is made in specified infrastructure business (including business notified vide Notification F.No. 13/1/2025-IPP dated 19.09.2025, i.e. Infrastructure sub-sectors mentioned in Harmonised Master List) during the period from 01.04.2020 to 31.03.2030, and held for at least three years. 2. Specified person for this purpose inter alia includes notified sovereign wealth fund (SWF) which fulfils the conditions specified in Schedule [Table: SI. No. 7. Note 5(a)]. 3. In order to facilitate the p....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

..... No. 7.Note 5(a)(ii)(G)] of the Act shall file application in the Form I as provided in para 3 and such notified funds shall be required to file a quarterly statement within one month from the end of the quarter electronically in Form II as provided in para 4 in respect of each investment made during the quarter. 6. The Director General of Income-tax (Systems) shall lay down the data structure, standards and procedure for furnishing and verification of the Form I and Form II and shall be responsible for formulating and implementing appropriate security, archival and retrieval policies in relation to the said forms so furnished. 7. This circular will be effective from 01.04.2026 and will apply for tax year 2026-27 and subsequent tax y....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....apacity as _______ (designation), holding PAN _______and I am competent to verify and submit this application. Place: Date: Signature: Name: Designation: Notes: 1. The name shall include full name of the Sovereign Wealth Fund. 2. The address shall include flat/door/building, road/street/block/sector, area/locality, post office, town/city/district, state, country/region and pin code/zip code. 3. The communication address in India shall include flat/door/building, road/street/block/sector, area/locality, post office, town/city/district, state and pin code. 4. TIN of the Sovereign Wealth Fund in the country or specified territory of its residence and in case no such number is available, then a unique number on the....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e:   8. Financial Year:   9. Quarter Ending: (refer Note 3) Part C: Particulars of Investment Sl. No. Date of investment Amount Nature of investment (refer Note 4) Nature of income (refer Note 5) Details of the entity in which Investment made Nature of entity (refer Note 6) Name PAN A B C D E F G H 1.               2. (Repeat, if reqauired)             Total   &nb....