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Committee for examining applications made under Rule 10VA notified

News and Press Release - Dated:- 23-5-2016 - 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 in the Official Gazette vide Notification No. SO 1101 (E) dated 15.03.2016 by way of insertion of rules 10V, 10VA, 10VB and Forms 3CEJ & 3CEK in the Income-tax Rules, 1962. .....

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