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 Highlights
of of All Highlights
Note
Bookmark
Share
Don't have an account? Register Here
of The proposed amendments aim to further incentivize operations from International Financial Services Centres (IFSCs) by expanding the scope of specified funds eligible for tax exemption to include retail funds and Exchange Traded Funds regulated under IFSCA. It also exempts specified income of Core Settlement Guarantee Funds set up by recognized clearing corporations in IFSCs. Venture Capital Funds regulated by IFSCA are proposed to be exempted from additional onus of proof for explaining source of funds u/s 68. Finance companies located in IFSCs are proposed to be excluded from the thin capitalization provisions u/s 94B, subject to prescribed conditions and activities.
TaxTMI 
TaxTMI 
