https://www.taxtmi.com/forum/issue?id=108084 The proposed regime provides that fund management performed in India by an eligible fund manager for an eligible investment fund shall not constitute a business connection of the fund nor render the fund resident in India solely on that basis, subject to detailed qualifying conditions for the fund and the manager, arm's length remuneration, annual prescribed filings evidencing compliance, and a monetary penalty for non-filing; the regime does not alter taxability of income otherwise chargeable in India or the fund manager's income determination. en-us Sat, 28 Feb 2015 18:24:51 +0530 Thu, 23 Jan 2025 15:57:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=108084 The proposed regime provides that fund management performed in India by an eligible fund manager for an eligible investment fund shall not constitute a business connection of the fund nor render the fund resident in India solely on that basis, subject to detailed qualifying conditions for the fund and the manager, arm's length remuneration, annual prescribed filings evidencing compliance, and a monetary penalty for non-filing; the regime does not alter taxability of income otherwise chargeable in India or the fund manager's income determination. Discussion-Forum Income Tax Sat, 28 Feb 2015 18:24:51 +0530 https://www.taxtmi.com/forum/issue?id=108084