NISM 10B Investment Adviser Level 2 Notes

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  • Tax Audit: Applies if debt income exceeds business income limits.
  • Loss Carry Forward: Capital losses carried forward for 8 years.
  • Section 115A: Special tax rates for non-residents on debt income.
  • Foreign Currency Bonds: Taxed with special provisions for non-residents.
  • Inflation-Indexed Bonds: Interest and gains taxable with adjustments.

NISM 10B NISM Investment Adviser Level 2

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