It may be noted that dual non-taxation of any distribution made by the business trust, i.e. which is exempt in the hands of the business trust as well as the unit holder, is not the intent of the special taxation regime applicable to business trusts, the Budget document said.
It may be noted that dual non-taxation of any distribution made by the business trust, i.e. which is exempt in the hands of the business trust as well as the unit holder, is not the intent of the special taxation regime applicable to business trusts, the Budget document said. It may be noted that dual non-taxation of any distribution made by the business trust, i.e. which is exempt in the hands of the business trust as well as the unit holder, is not the intent of the special taxation regime applicable to business trusts, the Budget document said. Moneycontrol Latest News Read More
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