n NISM Certifications
X NISM Series X
Medium

An AIF making payments related to distributions of business profits, capital gains, dividends, or interest income may attract withholding tax; however, payments related to business income are generally exempt from withholding tax in this context.

Practice question from NISM Series XIX A- Alternative Investments Funds (AIF) Distributors Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Distribution of Business Profits

  2. Distribution of Capital Gains

    Correct answer

  3. Distribution of dividend and interest income

    Correct answer

  4. D

    All A, B, and C

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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