Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0] [Section 115T] [Entire Act]

Union of India - Subsection

Section 115T(b) in Finance Act, 1999

(b)"open-ended equity oriented fund" means-
(i)the Unit Scheme, 1964 made by the Unit Trust of India; and
(ii)such fund where the invertible funds are invested by way of equity shares in domestic companies to the extent of more than fifty per cent. of the total proceeds of such fund: