Dividend on InvITs
Babul Roy (Business) (48 Points)
01 May 2021
Is dividend received from InvITs is taxable income for the shareholder?
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 01 May 2021
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
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