(c) the person is acting in the ordinary course of his business as a fund manager; (d) the person along with his connected persons shall not be entitled, directly or indirectly, to more than twenty per cent of the profits accruing or arising to the eligible investment fund from the trans...
Income of a Resident but not Ordinary Resident India (RNOR)- accruing or arising or deemed to be accruing or arising in India is chargeable and not income accrue or arise outside or such incomes or which has no connection with India are not chargeable to tax in India. Income of a Non-...
Anyprofitorgainarisingfromthesaleor transferofaCapitalAssetischargeabletotax underthehead“capitalgains”.Itisdeemedtobe incomeofthepreviousyearinwhichtransferof capitalassettakesplace. Besidesabove,CapitalGainalsoariseundercertainspecified circumstancesviz
Investors may also wish to seek advice from a financial adviser before making a commitment to invest and in the event you choose not to seek advice, you should consider whether the investment is suitable for you. The value of shares of the Fund and the income accruing to them, if any, ...
purchased credit-impaired loans even though the customer may be contractually past due; nonperforming loans held-for-sale; nonperforming loans accounted for under the fair value option; and nonaccruing troubled debt restructured loans removed from the...