Statement of distributed income requirement for venture capital entities: mandatory Form 64 filing with accountant verification by deadline. The amendment requires Venture Capital Companies and Venture Capital Funds to furnish a verified statement of distributed income to the jurisdictional Chief Commissioner or Commissioner by 30th November following the year of distribution. Submission must be in prescribed Form No. 64, identifying the entity, PAN, previous year, directors/trustees, and itemising income from venture capital investments by category with proportions and a recipient schedule. Enclosures must include SEBI registration, fund deed where applicable, audited accounts and a declaration verified by an accountant.
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 distributed income requirement for venture capital entities: mandatory Form 64 filing with accountant verification by deadline.
The amendment requires Venture Capital Companies and Venture Capital Funds to furnish a verified statement of distributed income to the jurisdictional Chief Commissioner or Commissioner by 30th November following the year of distribution. Submission must be in prescribed Form No. 64, identifying the entity, PAN, previous year, directors/trustees, and itemising income from venture capital investments by category with proportions and a recipient schedule. Enclosures must include SEBI registration, fund deed where applicable, audited accounts and a declaration verified by an accountant.
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