Notification on Clarification in respect of Rule 114F (5) of the Income Tax Rules, 1962 (dated 26/07/2023) – CBDT
View Pdf– Notification on Clarification in respect of Rule 114F (5) of the Income Tax Rules, 1962 (dated 26/07/2023) – CBDT.
- Guidance note was issued to clarify that a Treaty Qualified Retirement Fund shall not be treated as a non- reporting financial institution, non-public fund of the armed forces shall not be treated as a financial institution and a gratuity fund will be treated as excluded accounts under Common Reporting Standard (CRS). Please refer notification for more details.
