Anil Rego |358 Answers |Ask -Follow
Financial Planner - Answered on Dec 17, 2020
What is going to be the treatment of such income in investors' hand? Can I offset management fees from the interest income of the fund? This management fee is charged by the fund for their services provided against the investment in the fund so I should be able to offset management fee and fund expenses from the income of the fund. Please advise
Also, I want to check with you if i can offset the equalisation amount received with the equalisation amount paid. Currently the fund is not netting equalisation amount and deducting tax on equalisation amount received. Please provide details on tax treatment for AIF II funds.
You may like to see similar questions and answers below
Ajit Mishra | Answer |Ask -Follow
Answered on Jun 01, 2021
Mihir Tanna |905 Answers |Ask -Follow
Tax Expert - Answered on Feb 07, 2023
Hardik Parikh |106 Answers |Ask -Follow
Tax, Mutual Fund Expert - Answered on Jul 27, 2023
Mihir Tanna |905 Answers |Ask -Follow
Tax Expert - Answered on Nov 21, 2023
Vivek Lala |257 Answers |Ask -Follow
Tax, MF Expert - Answered on Feb 06, 2024
Dr Nagarajan J S K |58 Answers |Ask -Follow
Health Science and Pharmaceutical Careers Expert - Answered on Jul 27, 2024
Dr Nagarajan J S K |58 Answers |Ask -Follow
Health Science and Pharmaceutical Careers Expert - Answered on Jul 27, 2024
Dr Nagarajan J S K |58 Answers |Ask -Follow
Health Science and Pharmaceutical Careers Expert - Answered on Jul 26, 2024
Krishna Kumar |358 Answers |Ask -Follow
Workplace Expert - Answered on Jul 26, 2024
Krishna Kumar |358 Answers |Ask -Follow
Workplace Expert - Answered on Jul 26, 2024
Krishna Kumar |358 Answers |Ask -Follow
Workplace Expert - Answered on Jul 26, 2024
Krishna Kumar |358 Answers |Ask -Follow
Workplace Expert - Answered on Jul 26, 2024
Krishna Kumar |358 Answers |Ask -Follow
Workplace Expert - Answered on Jul 26, 2024
Krishna Kumar |358 Answers |Ask -Follow
Workplace Expert - Answered on Jul 26, 2024
Krishna Kumar |358 Answers |Ask -Follow
Workplace Expert - Answered on Jul 26, 2024
Close