MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 21st November, 2016 INCOME-TAX S.O. 3498(E).—In exercise of the powers conferred by section 295 read with section 9A of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend… Read More »
Eligible investment fund under Section 9A of Income Tax Act (India) Form No.3CEJ – Audit Report u/s 9A (Arm’s length price for remuneration paid by an eligible investment fund to the fund manager) and Form No.3CEK – Annual statement u/s 9A are available for e-Filing. Relevant notification is Notification No. 14/2016 [F.No. 142/15/2015-TPL] dt. 15th… Read More »
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 »
Rules in respect of Fund Manager Regime under Section 9A of the Income-tax Act, 1961 Section 9A of the Income-tax Act, 1961 (the Act) provides for special taxation regime with effect from 01.04.2016 to facilitate location of fund managers of off shore funds in India. Under this regime, the fund management activity carried-out through an… Read More »