India's Central Board of Direct Taxes (CBDT) has issued Notification No. 44/2020 of 6 July 2020, which will come into force from 1 April 2021 and apply from the 2021-22 and subsequent assessment years. According to the CBDT, this widens the definition of infrastructure under section 10 (23FE) of the Income Tax Act to align it with Harmonized List of Infrastructure notified by the Department of Economic Affairs, which will encourage investment from certain entities including notified Sovereig…