https://www.taxtmi.com/acts?id=6720 Unit Trusts and Mutual Funds must announce repurchase prices at specified intervals, increase announcement frequency when open repurchase commences, and repurchase units at the price prevailing on tender date. In calculating repurchase price funds must include a mandated portion of unrealised appreciation and may deduct sums for management, selling and realisation expenses subject to a cap measured against the plan's average Net Asset Value. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 05 Mar 2009 10:14:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6720 Unit Trusts and Mutual Funds must announce repurchase prices at specified intervals, increase announcement frequency when open repurchase commences, and repurchase units at the price prevailing on tender date. In calculating repurchase price funds must include a mandated portion of unrealised appreciation and may deduct sums for management, selling and realisation expenses subject to a cap measured against the plan's average Net Asset Value. Act-Rules Direct Taxes Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6720