Amendment of section 47.
X X X X Extracts X X X X
X X X X Extracts X X X X
....stablished or incorporated or registered outside India, which collects funds from its members for investing it for their benefit and fulfils the following conditions, namely:- (i) the fund is not a person resident in India; (ii) the fund is a resident of a country or a specified territory with which an agreement referred to in sub-section (1) of section 90 or sub-section (1) of s....
X X X X Extracts X X X X
X X X X Extracts X X X X
....d by the Central Government in the Official Gazette in this behalf subject to such conditions as may be specified;'; (ii) in clause (b), for the figures "2023", the figures "2025" shall be substituted; (iii) in clause (c), in sub-clause (i), after the words and figures "Securities and Exchange Board of India Act, 1992 (15 of 1992.) or", the words, brackets and figures "regula....
TaxTMI