Ministry of Finance 

23.05.2016

Direct Taxation

Committee for examining applications under Rule 10VA notified

MANU/PIBU/0452/2016

The Central Board of Direct Taxes noticed several Commissioners of Income Tax as Committee examine and opine on cases in respect of offshore funds fund managers of which are located in India.

The Committee will examine applications and submit recommendations regarding grant of approval or otherwise, and potential conditions that may need to be imposed, for approval of such funds.

Tags : offshore fund manager approval finance act 2015

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