Question
Under the Income Tax Act, 1961, which category of
investors will not be taxed on their income from offshore investments made through an Alternative Investment Fund (AIF) in an International Financial Services Centre (IFSC)?Solution
  A non-resident investor's income from offshore investments that go through an Alternate Investment Fund set up in an International Financial Services Centre will not be taxed.  As per the provisions of the Income Tax Act, 1961, non-resident or foreign companies generating income chargeable under this Act through investments in IFSC-based investment funds, including Alternative Investment Funds (AIFs) registered in GIFT City, are exempt from filing income tax returns in India, provided that the income tax due on such earnings has been deducted at the source and remitted to the Central Government by the respective investment fund.
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Soap is prepared by boiling caustic soda with -
Pinching is common practices in
Replication in experimental design
An example for monoecious nature is
When both the allele of a gene express equally in heterozygote, it is known as
Which of the following is NOT an important technique of nursery?
Lateritic soil is rich in iron and aluminum oxides, which are responsible for its characteristic reddish-brown color. Base saturation in lateritic soil ...
Which plant hormone is unique because it exists in a gaseous form and regulates fruit ripening and senescence?
Which of the following causes a 'resource' influencing competition in a weed-crop environment.
