NISM 10B Investment Adviser Level 2 Notes

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  • SLB Income: Taxed based on nature, e.g., business or other sources.
  • Convertible Bonds: Similar tax treatment as convertible debentures.
  • Section 115A: Special rates for non-residents on special case income.
  • Tax Audit: Applies if special case transactions treated as business.
  • Grandfathering: Protects gains on listed securities pre-2018.

NISM 10B NISM Investment Adviser Level 2

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