Tax on distributed income to investors.

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..... ny other provisions of the Act, any amount of income distributed by the securitisation trust to its investors shall be chargeable to tax and such securitisation trust shall be liable to pay additional income-tax on such distributed income at the rate of- (i) twenty-five per cent on income distributed to any person being an individual or a Hindu undivided family; (ii) thirty per cent on incom .....

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..... all apply in respect of any income distributed by a securitisation trust to its investors on or after the 1st day of June, 2016.] ********************* Notes: 1. Inserted vide the Finance Act 2013, w.e.f. the 1st day of June, 2013 . 2. Omitted vide THE FINANCE (No. 2) ACT, 2014 w.e.f. 1st day of April, 2015, before it was read as, (3) The person responsible for making .....

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