Tuesday, September 17, 2019

No Lock-in period of 3 years on Investment made by NR in Bonds of Infrastructure Debt Fund: CBDT [Read Notification]

The Central Board of Direct Taxes ( CBDT ) has waived off lock-in period of 3 years on investment made by Non Residents in bonds of Infrastructure Debt Fund. According to Rule 2F of the Income Tax Rules, 1962, provides that the investment made by a non-resident investor in bonds of Infrastructure Debt Fund shall […]

The post No Lock-in period of 3 years on Investment made by NR in Bonds of Infrastructure Debt Fund: CBDT [Read Notification] appeared first on Taxscan | Simplifying Tax Laws.



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