TMI BlogForms or modes of investment or deposits by a charitable or religious trust or institutionX X X X Extracts X X X X X X X X Extracts X X X X ..... ollowing, namely:- (i) investment in the units issued under any scheme of the mutual fund referred to in clause (23D) of section 10 of the Income-tax Act, 1961; (ii) any transfer of deposits to the Public Account of India; (iii) deposits made with an authority constituted in India by or under any law enacted either for the purpose of dealing with and satisfying the need for hous ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s of the investor to trade on the said stock exchange through the investee in accordance with the directions or guidelines issued under the Securities and Exchange Board of India Act, 1992 (15 of 1992) by the Securities and Exchange Board of India established under section 3 of that Act; and (C) in which at least fifty one per cent of equity shares are held by the investor and the balance equit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rated under sub-section (2) of section 7 read with sub-section (1) of section 8 of the Companies Act, 2013 (18 of 2013), for participating in network based open protocol models which enable digital commerce and interoperable digital payments in India; ] (vi) investment by way of acquiring equity shares of an incubatee by an incubator. Explanation . For the purposes of this clause, (a) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ] 6 [ (x) investment by way of acquiring units of POWERGRID Infrastructure Investment Trust. ] ************************** Notes : 1. Has been inserted vide Notification No. 99/2008 dated 22/10/2008 2. Inserted vide Notification No. 40/2012, dated 20/09/2012 3. Inserted vide Not,.21/2016 - Dated 23-3-2016 4. Inserted vide NOTIFICATION NO. 15/2020 dated ..... X X X X Extracts X X X X X X X X Extracts X X X X
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