Investor protection fund set up by commodity exchange
Nature of Income
Any income by way of contribution received from commodity exchange or its member
Conditions laid down for Tax Exemption
The fund is set up by commodity exchanges in India either jointly or separately as may be notified by Central Government
The amount which is standing in credit and not subjected to tax under this provision is shared with the commodity exchange, the same shall be chargeable to tax in the year in which the same is shared.