Section(s) Referred: 10 ,10(23D)
Statute: INCOME TAX
Date of Issue: 6/12/1993
In exercise of the powers conferred by clause (23D) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies Indbank Offshore Mutual Fund set up under a trust deed dated June 27, 1993, by the Indian Bank, a corresponding new bank constituted under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970), as a mutual fund for the purpose of the said clause.
[No. 9424/File No. 133/132/93-TPL