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income of bussiness trust

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any income of bussiness trust by Way of interest received or receivable from special purpose vehicle shall
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Your  qustion is  not  clear 

Interest Income in any kind of Business Trust (i.e REIT or InVIT) shall bypaas and it shall be taxable in hands of Unit holder. It shall be exempt in hands of BT u/s 10(23FC).
What is the full form of REIT AND VIT
Real Estate Investment Trust (REIT) and Infrastructure Investment Trust (InVIT)


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