https://www.taxtmi.com/acts?id=53527 An investment fund may seek approval from the Board for eligibility under section 9(12) by written application with supporting documents, filed three months before the relevant tax year. The Board must refer the application to a committee for examination and recommendations, and may grant approval subject to conditions or reject the application for recorded reasons. Approval applies to the relevant and subsequent tax years unless withdrawn, and may be withdrawn for misrepresentation, non-fulfilment of statutory conditions or guidelines, or breach of imposed conditions, after hearing the fund. en-us Fri, 20 Mar 2026 18:39:49 +0530 Wed, 08 Apr 2026 14:55:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53527 An investment fund may seek approval from the Board for eligibility under section 9(12) by written application with supporting documents, filed three months before the relevant tax year. The Board must refer the application to a committee for examination and recommendations, and may grant approval subject to conditions or reject the application for recorded reasons. Approval applies to the relevant and subsequent tax years unless withdrawn, and may be withdrawn for misrepresentation, non-fulfilment of statutory conditions or guidelines, or breach of imposed conditions, after hearing the fund. Act-Rules Income Tax Fri, 20 Mar 2026 18:39:49 +0530 https://www.taxtmi.com/acts?id=53527