https://www.taxtmi.com/acts?id=53445 Computation of the exempt income of a specified fund attributable to units held by a non-resident is based on a formula applying ratios of non-resident assets under management to total assets under management across specified income streams, including transfers of capital assets in an International Financial Services Centre, transfers of qualifying securities, income from certain non-resident securities, and income from securitisation trusts. The specified fund must also furnish an annual statement of exempt income in Form No. 68 electronically under digital signature by the prescribed due date, and exemption is unavailable unless this reporting requirement is complied with. en-us Fri, 20 Mar 2026 18:10:50 +0530 Tue, 07 Apr 2026 12:20:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53445 Computation of the exempt income of a specified fund attributable to units held by a non-resident is based on a formula applying ratios of non-resident assets under management to total assets under management across specified income streams, including transfers of capital assets in an International Financial Services Centre, transfers of qualifying securities, income from certain non-resident securities, and income from securitisation trusts. The specified fund must also furnish an annual statement of exempt income in Form No. 68 electronically under digital signature by the prescribed due date, and exemption is unavailable unless this reporting requirement is complied with. Act-Rules Income Tax Fri, 20 Mar 2026 18:10:50 +0530 https://www.taxtmi.com/acts?id=53445