INCOME TAX2 Sept 2026
Sovereign Wealth Fund Notified Under Income-tax Act
Circular No. 3/2026, issued under the Income-tax Act, 2025, notifies a Sovereign Wealth Fund under Schedule V. The notification specifically cites Table Sl. No. 7, Note S(a)(ii)(G) of the schedule. This formal move may affect how the fund is treated for tax. Businesses and investors linked to the fund should review the circular to understand any implications.
Key Statutory Highlights
- Circular No. 3/2026 has been issued under the Income-tax Act, 2025.
- It notifies a Sovereign Wealth Fund under Schedule V of the Act.
- The notification cites Table Sl. No. 7, Note S(a)(ii)(G) of Schedule V.
Actionable Advice for Taxpayers / Founders:Review the full text of Circular No. 3/2026 to check whether your investments or business dealings with the notified Sovereign Wealth Fund are affected.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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