INCOME TAX NOTIFICATION NO.44
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
New Delhi, the 6 th July, 2020
INCOME – TAX
S.O. 2227E).—In exercise of the powers conferred by item (b) of sub-clause (iii) of clause (23FE) of
section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies business, for the
purposes of said item (b), to be the business which is engaged in the infrastructure sub-sectors mentioned in
Updated Harmonised Master List of Infrastructure Sub-sectors in the notification of the Government of India in
the Ministry of Finance, Department of Economic Affairs, published in Gazette of India, Extraordinary, vide
number, F.No.13/3/2017-INF dated 13th August, 2018.
- The reference to the infrastructure sub-sectors in the said Harmonised Master List of Infrastructure
Sub-sectors shall not include the business already provided in the said item (b).
- This notification shall come into force from the 1st day of April, 2021 and shall be applicable for
assessment year 2021-22 and subsequent assessment years
[Notification No. 44/2020/F. No. 370142/24/2020-TPL]
NEHA SAHAY, Under Secy.
(Tax Policy and Legislation Division
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