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 Commonwealth Equity Fund Mutual Fund set up by the Canara Bank, being a corresponding new bank under column (2) of the First Schedule to the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970), as a mutual fund of public sector banks for the purpose of the said provision.
[Notification No. 9429/F. No. 149/75/93-TPL