TMI BlogDetermination of income of a specified fund attributable to units held by non-residents under sub-section (1A) of section 115ADX X X X Extracts X X X X X X X X Extracts X X X X ..... ion (1A) of section 115AD, the income of a specified fund by way of short-term or long-term capital gains, referred to in clause (b) of sub-section (1) of section 115AD, attributable to the units held by non-resident (not being the permanent establishment of a non-resident in India) shall be calculated in accordance with the following formula, namely:- A = B * C Where, A = income attribut ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lishment of a non-resident in India) shall be calculated in accordance with the following formula, namely:- X = Y * Z Where, X = income attributable to the units held by non-resident (not being the permanent establishment of a non-resident in India) Y = income received in respect of securities Z = ratio of the assets under management in the specified fund held by non-resident unit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... al taxation in Form No. 10-IH in accordance with the provision of sub- rule (3). ] (4) The Principal Director General of Income-tax (Systems) or the Director General of Income tax (Systems), as the case may be, shall specify the procedure for filing of the Form No. 10IH and shall also be responsible for evolving and implementing appropriate security, archival and retrieval policies in relatio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... shall have the same meaning as assigned to it in clause (f) of Explanation to clause (4D) of section 10. ] ************* NOTES:- 1. Inserted vide NOTIFICATION NO. 90/2021 dated 09-08-2021 2. Inserted vide NOTIFICATION NO. 64/2022 dated 16-06-2022 - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management Ind ..... X X X X Extracts X X X X X X X X Extracts X X X X
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