Fund Management activities through Fund Managers registered under SEBI Mutual Funds Regulations not amount to “Business Connection” in India: Govt [Read Notification]

The Central Government has notified that the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 are applicable to the sections 9 and 9A of the Income Tax Act, 1961. With this, the Fund management activity through Fund managers registered under SEBI Mutual Funds Regulations 1996 not to constitute business connection in India The […]

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