Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database Experts Contact us More....
Extracts
Home List
← Previous Next →

Tax Provisions on Income of Investment Funds and Income Received From such Fund

Income Tax - Direct Tax Code - DTC - By: - esha agrawal - Dated:- 9-6-2016 - Death, taxes and childbirth! There s never any convenient time for any of them. At first instance, readers might think it weird to use these three words namely, death, taxes .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

n say that they are interconnected. As death is dreaded by every individual, childbirth though it brings happiness but alongwith it comes new responsibilities. So people often try to postpone the two( exceptions are always there). Similarly tax payme .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

e things done. So lets start with the Investment Funds pool resources from the investors and invest in new companies, social ventures and other areas which government considers as socially or economically desirable. Finance Act 2015 came with the con .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

er sec 10(23FBA) Any income of investment fund which is exempt under sec 10 e.g. dividend under sec 10(34) , Long term capita gains under sec 10(38) shall continue to exempt in the hands of investment fund Loss of investment fund shallnot be allocate .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ders. Total income of investment fund shall be taxable at normal rates applicable to a firm/ company, in case Investment funds is a Firm/ Company. If investment fund is not a Firm/company, then its income shall be taxable at Maximum Marginal Rate. In .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

what is new what is new
  ↓     Update Alerts     ↓  


|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version