Mutual fund not to file statement


Mutual fund not to file statement

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Mutual fund/securitisation trust not to file statement of income distributed to income tax authority [Omission of section 115R(3A) or 115TA(3)]

Mutual fund/securitisation trust not to file statement of income distributed to income tax authority [Omission of section 115R(3A) or 115TA(3)] [W.e.f. A.Y. 2015-16]

 

The Act has omitted section 115R(3A) and therefore mutual fund shall not have to file statement of income distributed to unit holders to the Income Tax Authority. Similarly, section 115TA(3) has been omitted and therefore securitization trust shall not have file statement of income distributed to investors to income tax authority. back

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