 "Income tax returns")
The NIIF Infrastructure Finance that is seeking a tax exemption since 2015 is set for a dispute with the income tax (I-T) department, which has notified it as a fund only since April 1 this year. The firm, however, was registered as an infrastructure debt fund with the Reserve Bank of India since 2015.
The company was registered as an infrastructure debt fund with the Reserve Bank of India (RBI) in 2015 and had informed the I-T department that its income is exempt from tax under Section 10 (47) of the Income Tax Act as notified by the Central Board of
