Tax on income of Unit Holder and Business Trust - Section 115UA

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..... ion in the hands of the unit holder as it had been received by, or accrued to, the business trust. Subject to the provisions of section 111A and section 112 , the total income of a business trust shall be charged to tax at the maximum marginal rate. If any previous year, the distributed income or any part thereof, received by a unit holder from the business trust is of the nature as referred to in .....

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..... rust (REIT/Invit) Interest Dividend received from SPV shall be fully exempt under section 10(23FC) . Rental Income of REIT from renting/leasing/letting out any Real Estate Asset owned by REIT shall be exempt under section 10(23FCA) . Long term Capital gain income of business trust shall be taxable If equity oriented or equity oriented mutual fund then shall be taxable Listed :- under section 112A .....

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..... xable in hands of Unit Holders as it was exempt in hands of REIT under section 10(23FCA) at normal tax rates in all cases weather Resident/Non-Resident/Foreign Company. Long term capital gain on transfer of unit of Business Trust (listed in recognised stock exchange STT paid thereon). shall be taxable under section 112A @10% in excess of ₹1,00,000. Short term capital gain on transfer of unit .....

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