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Audit Report SWF for a sovereign wealth fund under section 10(23FE)

Audit Report SWF – Section 10(23FE)

A notified Sovereign Wealth Fund claiming exemption under section 10(23FE) must file a return of income together with an audit report. This guide explains who the filing applies to, the conditions the fund must satisfy, how it fits with Form I and the quarterly Form II, the extended investment window, and where section 10(23FE) sits under the Income-tax Act, 2025.

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