Specified fund definition expands to cover registered alternative investment funds, international financial centre funds, and Schedule VI funds. Specified fund is redefined to include an Indian trust, company, limited liability partnership or body corporate registered as a Category I or Category II Alternative Investment Fund and regulated under the applicable Alternative Investment Fund Regulations or, if located in an International Financial Services Centre, the Fund Management Regulations. The definition also includes a fund referred to in Schedule VI to the Income-tax Act, 2025. The amendment takes effect from publication in the Official Gazette.
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 fund definition expands to cover registered alternative investment funds, international financial centre funds, and Schedule VI funds.
Specified fund is redefined to include an Indian trust, company, limited liability partnership or body corporate registered as a Category I or Category II Alternative Investment Fund and regulated under the applicable Alternative Investment Fund Regulations or, if located in an International Financial Services Centre, the Fund Management Regulations. The definition also includes a fund referred to in Schedule VI to the Income-tax Act, 2025. The amendment takes effect from publication in the Official Gazette.
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