Specified fund definition aligned with income tax provision, effective April 1, 2026 for tax year 2026 27 onward. Amendment aligns the definition of specified fund in Note 1(g) to Schedule VI with the income tax provision definition, so that existing Sl. Nos. 1-4 of ... Summary
Specified fund definition aligned with income tax provision, effective April 1, 2026 for tax year 2026 27 onward.
Amendment aligns the definition of specified fund in Note 1(g) to Schedule VI with the income tax provision definition, so that existing Sl. Nos. 1-4 of Schedule VI apply to any entity that meets the aligned specified fund definition; the amendment takes effect from 1 April 2026 and applies to the tax year 2026-27 and thereafter.
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