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of <h1>Finance Bill 2020 amends Section 9A: Fund Manager Contributions & Corpus Period Adjustments for Investment Funds</h1> Clause 6 of the Finance Bill, 2020 proposes amendments to section 9A of the Income-tax Act, concerning conditions for eligible investment funds. It introduces a proviso to clause (c), allowing contributions by an eligible fund manager up to twenty-five crore rupees during the first three years to be excluded from aggregate participation calculations. Additionally, it amends clause (j) to extend the period for maintaining a minimum corpus of one hundred crore rupees from six to twelve months from the fund's establishment. These changes are effective from April 1, 2020, applicable to the assessment year 2020-2021 and onwards.
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