https://www.taxtmi.com/manuals?id=1255 Long-term capital gains arising on transfer of units referred to in section 208 and payable to an Offshore Fund attract tax deduction at source at 12.5%. Any person responsible for making the payment must deduct tax. The recipient must be an Offshore Fund, and no monetary threshold applies before deduction is required. The framework is confined to long-term capital gains on the specified unit transfers. en-us Mon, 05 Oct 2015 11:21:00 +0530 Sat, 29 Aug 2026 13:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1255 Long-term capital gains arising on transfer of units referred to in section 208 and payable to an Offshore Fund attract tax deduction at source at 12.5%. Any person responsible for making the payment must deduct tax. The recipient must be an Offshore Fund, and no monetary threshold applies before deduction is required. The framework is confined to long-term capital gains on the specified unit transfers. Manuals Income Tax Mon, 05 Oct 2015 11:21:00 +0530 https://www.taxtmi.com/manuals?id=1255