Articles by Soumya Shekhar
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Offshore funds managed in India exempt from business connection in India
Soumya Shekhar 18 August 2020 at 09:59On May 27, 2020, the CBDT issued a notification which has far-reaching implications for offshore funds. The notification has amended Rule 10V of the Income Tax Rules, which provided that Indian Fund Managers would have to be remunerated on atleast at an arm’s length price
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