Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Mutual fund annual reporting requirements: mandated scheme-level disclosures, uniform accounting and audit rules delivering greater transparency and standardized metrics</h1> The schedule prescribes detailed annual-reporting requirements for mutual funds: (1) mandated contents of the annual report, including trustee report, scheme-wise balance sheet and revenue account, auditor's report, trustee statements on liabilities, investment objectives and policies, investor notice rights-resulting in comprehensive scheme-level disclosure obligations; (2) adoption of specified accounting policies-resulting in uniform accounting treatment; (3) detailed balance-sheet disclosures, including scheme-wise asset/liability formats, classification and market/fair values by investment type, below-investment-grade/default disclosure, NAV per unit, comparative figures, investment concentration, related-party service payments, purchases/sales turnover, unit-capital movement and contingent liabilities-resulting in enhanced transparency; (4) revenue-account disclosure rules including inter-scheme transfer reporting-resulting in separate recognition of intra-fund profits; (5) auditor reporting duties and opinion requirements-resulting in prescribed audit scope and reporting; and (6) three-year scheme-wise per-unit statistical disclosures-resulting in standardized historical performance metrics.
TaxTMI 
TaxTMI 
