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[Cites 0, Cited by 0] [Section 10V] [Entire Act]

Union of India - Subsection

Section 10V(10) in Income Tax Rules, 1962

(10)Nothing contained in sub-rule (9) shall apply to a fund if the remuneration paid or payable by the fund to the fund manager has been determined to be not at arm's length price,-
(a)for a period of three previous years in succession; or
(b)for any three out of the preceding four previous years.