https://www.taxtmi.com/acts?id=32797 Section 11AA defines a collective investment scheme where investor contributions are pooled and used for the scheme's purposes; contributions are made with a view to receive profits, income, produce or property; the scheme's property or investment is managed on behalf of investors; and investors do not have day to day control. The Board may specify additional qualifying conditions by regulation, and any unregistered pooling with a corpus of one hundred crore rupees or more is deemed a collective investment scheme. The section lists specific statutory exclusions from the definition. en-us Thu, 22 Nov 2018 13:11:37 +0530 Fri, 30 Jan 2026 17:35:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=32797 Section 11AA defines a collective investment scheme where investor contributions are pooled and used for the scheme's purposes; contributions are made with a view to receive profits, income, produce or property; the scheme's property or investment is managed on behalf of investors; and investors do not have day to day control. The Board may specify additional qualifying conditions by regulation, and any unregistered pooling with a corpus of one hundred crore rupees or more is deemed a collective investment scheme. The section lists specific statutory exclusions from the definition. Act-Rules SEBI Thu, 22 Nov 2018 13:11:37 +0530 https://www.taxtmi.com/acts?id=32797