https://www.taxtmi.com/acts?id=20707 Rule 10V sets out the conditions for applying section 9A to an eligible investment fund, including look-through treatment for institutional investors, due diligence for indirect Indian participation, limited grace periods for temporary non-compliance, and the meaning of control or management of a business. It also prescribes transfer pricing treatment and reporting obligations for remuneration paid to an eligible fund manager, together with formula-based methods for computing that remuneration and a mechanism for seeking approval of a lower amount. The rule further clarifies that a fund manager is not a connected person merely because it manages the fund, and that certain fixed charges are excluded from profit-linked computation if the section 9A conditions are met. en-us Thu, 17 Mar 2016 15:28:27 +0530 Tue, 19 May 2026 11:27:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20707 Rule 10V sets out the conditions for applying section 9A to an eligible investment fund, including look-through treatment for institutional investors, due diligence for indirect Indian participation, limited grace periods for temporary non-compliance, and the meaning of control or management of a business. It also prescribes transfer pricing treatment and reporting obligations for remuneration paid to an eligible fund manager, together with formula-based methods for computing that remuneration and a mechanism for seeking approval of a lower amount. The rule further clarifies that a fund manager is not a connected person merely because it manages the fund, and that certain fixed charges are excluded from profit-linked computation if the section 9A conditions are met. Act-Rules Income Tax Thu, 17 Mar 2016 15:28:27 +0530 https://www.taxtmi.com/acts?id=20707