The Central Government has notified the Core Settlement Guarantee Fund, set up by AMC Repo Clearing Limited, for income-tax exemption under the provisions of the Income-tax Act, 1961.
The notification has been issued by the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes (CBDT) vide Notification No. 06/2026, dated 8 January 2026, and published in the Gazette of India, Extraordinary.
As per the notification, the Core Settlement Guarantee Fund (PAN: AAAJA3150B) has been notified for the purposes of clause (23EE) of section 10 of the Income-tax Act, 1961, with respect to the specified income mentioned in Explanation (iii) of the said clause. The exemption shall apply for the Assessment Year 2024–25 and subsequent assessment years.
The notification is subject to the condition that the Core Settlement Guarantee Fund shall continue to comply with the requirements prescribed under section 10(23EE) of the Act, including filing of income-tax returns in accordance with section 139(4C) of the Act. It is further stipulated that AMC Repo Clearing Limited must continue to remain recognised as a clearing corporation by the Securities and Exchange Board of India (SEBI).
The notification also clarifies that no person shall be adversely affected by the retrospective effect of the notification from the year in which the application was made before the Board or Department.
The Notification can be accessed at: https://a2ztaxcorp.net/wp-content/uploads/2026/01/CBDT-NN-06-2026.pdf
