Exclusion from total income for eligible investment vehicles: specified income streams exempt subject to conditions and proportional rules. This Schedule prescribes exclusion from total income for specified eligible persons - investment funds, unit holders, business trusts (including REITs), venture capital entities and certain specified investors - by listing categories of income not to be included, subject to conditions and detailed definitional Notes; it sets eligibility criteria, proportional computation where investments are partial, guideline governance, and re inclusion where conditions cease to be met.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Exclusion from total income for eligible investment vehicles: specified income streams exempt subject to conditions and proportional rules.
This Schedule prescribes exclusion from total income for specified eligible persons - investment funds, unit holders, business trusts (including REITs), venture capital entities and certain specified investors - by listing categories of income not to be included, subject to conditions and detailed definitional Notes; it sets eligibility criteria, proportional computation where investments are partial, guideline governance, and re inclusion where conditions cease to be met.
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