TaxTMI 
TaxTMI 
TaxTMI 
Form 190 – Frequently Asked Questions
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....orm 190 – Frequently Asked Questions<BR>Income Tax<BR>Dated:- 4-4-2026<BR><BR>Form 190 - Frequently Asked Questions Application for approval of mutual funds investing in the eligible issue of public companies under section Schedule XV(1)(z)(ii) of the Income-tax Act, 2025 Name of form as per I.T. Rules, 1962 Form 59A Name of form as per I.T. Rules, 2026 Form 190 Corresponding s....
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....ection of I.T. Act, 1961 80C(2)(xix) Corresponding section of I.T. Act, 2025 Schedule XV(1)(z)(ii) Corresponding Rule of I.T. Rules, 1962 20A Corresponding Rule of I.T. Rules, 2026 331 1. What is Form 190? Ans. Form 190 is required to be filed by a Mutual Fund to apply for approval to invest in eligible issue of public companies under section Schedule XV(1)(z)(ii) of the....
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.... Income-tax Act, 2025. The contribution to such Mutual Funds by individuals is eligible for deduction u/s 123 of the Income-tax Act, 2025. 2. Who should file Form 190? Ans. A Mutual Fund applying for approval to subscribe to eligible issue of public companies under section Schedule XV(1)(z)(ii) of the Income-tax Act, 2025 should file this form. 3. What is the Due Date to file Form 190? ....
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.... Ans. The application form should be filed by the Mutual Fund along with the documents as mentioned in the application form three months before the issue of eligible capital. 4. Why is Form 190 important? Ans. The approval for subscription to issue of eligible capital as per Schedule XV(1)(z)(ii) of the Income-tax Act, 2025 is granted based on details filed in Form 190. =============<BR> ....
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....News - Press release - PIB....