CBDT notifies Core Settlement Guarantee Fund, set up by Indian Clearing Corporation Limited (ICCL), Mumbai for the purpose of clause (23EE) of section 10 of the Income-tax Act, 1961 

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

(CENTRAL BOARD OF DIRECT TAXES)

(Income-tax)

Notification No. 50/2016

New Delhi, the 23rd June, 2016

S.O. 2183(E).-In exercise of the powers conferred by clause (23EE) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notify the Core Settlement Guarantee Fund, set up by Indian Clearing Corporation Limited (ICCL), Mumbai, a recognised clearing corporation, for the purposes of the said clause, for the assessment year 2016-17 and subsequent assessment years.

[F. No. 197/47/2015-ITA-I]

DEEPSHIKHA SHARMA, Director

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