Tag Archives: rule 10VA

Applications under Rule 10VA examined by Committee

By | May 24, 2016

Committee for examining applications made under Rule 10VA notified The Finance Act, 2015 inserted a new Section 9A to the Income-tax Act, 1961 with effect from 01.04.2016 to provide for a special regime in respect of offshore funds having fund managers located in India.  The necessary guidelines for application of Section 9A have been published… Read More »

CBDT Committee for Granting approval to Offsore Investment Fund u/s 9A

By | May 21, 2016

ORDER [F.NO. 173/237/2016-ITA-I], DATED 6-5-2016 In exercise of the powers conferred by sub-rule (4) of rule 10VA of the Income-tax Rules, 1962, read with section 9A of the Income-tax Act, 1961, the Central Board of Direct Taxes hereby notifies the following Committee for the purposes of the said sub-rule:— I. Chief Commissioner of Income Tax… Read More »