Specified hurdle rate establishes the profit-sharing trigger for fund managers under the income-tax rule framework. The specified hurdle rate denotes a pre-defined threshold beyond which the fund agrees to pay a share of the profits earned by the fund from the fund management activity undertaken by the fund manager.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Specified hurdle rate establishes the profit-sharing trigger for fund managers under the income-tax rule framework.
The specified hurdle rate denotes a pre-defined threshold beyond which the fund agrees to pay a share of the profits earned by the fund from the fund management activity undertaken by the fund manager.
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