Directorate General Of GST Intelligence (DGGI) sends notices to about 10-12 Mutual Funds, sources tell

DGGI SENDS NOTICES TO ABOUT 10-12 MUTUAL FUNDS: SOURCES

  • Notices/ Letters Of Inquiry Seek Details Of Accounting For Expenses
  • DGGI Finds Discrepancies In Accounting By AMCs For Expenses Capped At 2.25% Of AUM
  • DGGI Alleges Mutual Funds Wrongfully Accounted For Scheme Costs As Capex To Claim Credit
  • Alert: Input Tax Credit Is Not Available To MFs On Expenses Incurred By Schemes
  • Mumbai And Meerut Zones Of DGGI Sent Notices
TAX CONCEPT

Tax Concept is a dedicated team of financial writers, legal analysts, and tax professionals committed to breaking down complex Indian corporate updates. From real-time GST amendments and crucial Income Tax judgements to EPFO schemes and corporate law updates, TaxConcept serves as a reliable, authoritative guide for chartered accountants, businesses, and everyday taxpayers seeking absolute compliance clarity.