https://www.taxtmi.com/news?id=14088 The Bill inserts section 9A excluding fund management activity by eligible fund managers from constituting business connection in India for qualifying foreign investment funds subject to eligibility, investment limits and reporting; creates Chapter XII FB (section 115UB) to treat income of investment funds as arising to unit holders in the same nature and proportion and imposes filing, withholding and reporting obligations on funds and payors, alongside penalties for non compliance. en-us Sat, 28 Feb 2015 13:45:14 +0530 Wed, 11 Feb 2026 15:56:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14088 The Bill inserts section 9A excluding fund management activity by eligible fund managers from constituting business connection in India for qualifying foreign investment funds subject to eligibility, investment limits and reporting; creates Chapter XII FB (section 115UB) to treat income of investment funds as arising to unit holders in the same nature and proportion and imposes filing, withholding and reporting obligations on funds and payors, alongside penalties for non compliance. News - Sat, 28 Feb 2015 13:45:14 +0530 https://www.taxtmi.com/news?id=14088