NISM Series XIX-D

NISM Series XIX-D Alternative Investment Fund Managers (Cat I and II)

Taxation ImplicationsEnglish
Exam overview

Practice session

A Category II AIF distributes ₹10,00,000 of income to a domestic Indian investor. The income consists of capital gains from exiting a portfolio company. What is the tax treatment at the fund level and the withholding tax (TDS) obligation under Section 194LBB of the Income Tax Act?

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