Other conditions required to be fulfilled by the original fund https://www.taxtmi.com/acts?id=53357 The original fund must satisfy a concentration condition when a capital asset is transferred to a resultant fund that is a Category III Alternative Investment Fund. The aggregate participation or investment in the original fund by persons resident in India, whether direct or indirect, must not exceed 5% of the corpus at the time of transfer. The expressions original fund and resultant fund take the meanings assigned in the governing statutory provision. en-us Fri, 20 Mar 2026 17:49:03 +0530 Mon, 06 Apr 2026 14:17:57 +0530 TaxTMI RSS Generator Other conditions required to be fulfilled by the original fund https://www.taxtmi.com/acts?id=53357 The original fund must satisfy a concentration condition when a capital asset is transferred to a resultant fund that is a Category III Alternative Investment Fund. The aggregate participation or investment in the original fund by persons resident in India, whether direct or indirect, must not exceed 5% of the corpus at the time of transfer. The expressions original fund and resultant fund take the meanings assigned in the governing statutory provision. Act-Rules Income Tax Fri, 20 Mar 2026 17:49:03 +0530 https://www.taxtmi.com/acts?id=53357