https://www.taxtmi.com/acts?id=40865 Rule 21AIA requires that a specified fund ensure that any unit holder (except sponsor or manager) who becomes resident after issuance ceases to be a unit holder within three months from the end of the year in which residency commenced. The fund must maintain unit-holder records (name, foreign tax ID at issuance, PAN if any, units held and value, sponsor/manager status, year of residency and exit date), certify compliance, and furnish resident-unit information in the annual exempt income statement. Non-resident-held unit income is not exempt unless these certification and reporting obligations are met. en-us Fri, 17 Jun 2022 11:18:16 +0530 Fri, 22 Aug 2025 11:17:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40865 Rule 21AIA requires that a specified fund ensure that any unit holder (except sponsor or manager) who becomes resident after issuance ceases to be a unit holder within three months from the end of the year in which residency commenced. The fund must maintain unit-holder records (name, foreign tax ID at issuance, PAN if any, units held and value, sponsor/manager status, year of residency and exit date), certify compliance, and furnish resident-unit information in the annual exempt income statement. Non-resident-held unit income is not exempt unless these certification and reporting obligations are met. Act-Rules Income Tax Fri, 17 Jun 2022 11:18:16 +0530 https://www.taxtmi.com/acts?id=40865