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
