The message is very clear and good and a guide to the investors. AOPs is a route through which several Venture Capitalists enter and when they do not pick up the stake or denied stake they take their money back with abnormal interst. Interestingly they do not file any return in any IT Circle on the plea that their income is not taxable in India. Who ever first got their investment and retire them they insist on payment of interest without TDS. Even a small time depositer in India has to get the tax deducted and claim refund and wiat for the refund. But his is not the case with VCs. Why this differentiation? When these people are not subject to any scrutiny how i that transperancy of the fund can be established? The difference/mismatch between the capital market and the real economy is very wide to anticipate any thing. This is nothing but speculation. Nobody bothers what is the impact but it is the money required but not what money? P.S.R.SWAMI
