Treatment of Distribution received from Business Trust
This query is : Resolved
13 July 2023
I have received distribution from Business Trust as Interest, Dividend & Amortization from SPV Amount is as 1,00,000/- , 2,00,000/- & 3,00,000/- respectively.
How they have deducted Tds Rs 10,000/- only on Interest amount, but in 26AS it shows Income credited Rs 3,00,000/- i.e. Interest & Dividend.
Further while filing ITR 2 i also need to fil schedule PTI (Pass through Income).
I request you to assist in filing PTI Schedule for above & treatment of above income.
How they have deducted Tds Rs 10,000/- only on Interest amount, but in 26AS it shows Income credited Rs 3,00,000/- i.e. Interest & Dividend.
Further while filing ITR 2 i also need to fil schedule PTI (Pass through Income).
I request you to assist in filing PTI Schedule for above & treatment of above income.
13 July 2023
Show it in exempt income schedule.
02 August 2023
Thank you for the reply.
But the same was to be reported in Schedule PTI under respective section and then it was reflected to Exempt Income schedule.
But the same was to be reported in Schedule PTI under respective section and then it was reflected to Exempt Income schedule.
02 August 2023
No, directly show it under exempt income schedule.
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