Statement of income distribution requires investment funds to report unit-holder allocations and file a verified electronic return. Investment funds and persons responsible for payments must provide a statement of income distributed or credited to unit holders in Form No.64C to each unit holder and file a consolidated Form No.64D electronically with the tax authority, both by prescribed deadlines, with Form No.64C verified by the payer and Form No.64D verified by an accountant. Form No.64D requires fund identification, SEBI registration details if applicable, total income, specified loss adjustments, an allocation schedule of income components and an annexed unit-holder list with PANs, supported by audited accounts and registration certificates; the tax systems wing will prescribe the electronic filing procedure and security policies.
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.
Statement of income distribution requires investment funds to report unit-holder allocations and file a verified electronic return.
Investment funds and persons responsible for payments must provide a statement of income distributed or credited to unit holders in Form No.64C to each unit holder and file a consolidated Form No.64D electronically with the tax authority, both by prescribed deadlines, with Form No.64C verified by the payer and Form No.64D verified by an accountant. Form No.64D requires fund identification, SEBI registration details if applicable, total income, specified loss adjustments, an allocation schedule of income components and an annexed unit-holder list with PANs, supported by audited accounts and registration certificates; the tax systems wing will prescribe the electronic filing procedure and security policies.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
