Securitisation trust distributions excluded from section 115TA tax treatment, changing the taxability of income distributed to investors. The amendment provides that the provision shall not apply in respect of any income distributed by a securitisation trust to its investors on or after the ... Summary
Securitisation trust distributions excluded from section 115TA tax treatment, changing the taxability of income distributed to investors.
The amendment provides that the provision shall not apply in respect of any income distributed by a securitisation trust to its investors on or after the stated effective date, thereby excluding such distributions from the section's application and changing their tax treatment.
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