Tax Deduction at Source on rent: no deduction where rent is credited or paid to a REIT business trust. The proviso to section 194-I provides that no deduction under the section shall be made where rent income is credited or paid to a business trust, being a ... Summary
Tax Deduction at Source on rent: no deduction where rent is credited or paid to a REIT business trust.
The proviso to section 194-I provides that no deduction under the section shall be made where rent income is credited or paid to a business trust, being a real estate investment trust, in respect of any real estate asset owned directly by such business trust.
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