Dividend on InvITs

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Is dividend received from InvITs is taxable income for the shareholder?
Replies (2)

April 1, 2020 DDT was shifted from company to shareholders, opposite to the previous arrangement where company is subject to dividend distribution tax and shareholders pay nothing. 

https://m.economictimes.com/markets/stocks/news/how-the-tax-equation-changed-for-reits-and-invits-from-april-1-2020/articleshow/74943558.cms

yes it is taxable

 

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