https://www.taxtmi.com/acts?id=19099 Section 2 is amended to redefine business trust as a trust registered as an Infrastructure Investment Trust or a Real Estate Investment Trust with units required to be listed on a recognised stock exchange; to add "yoga" as a charitable purpose and limit charitable status for public utility activities that involve trade or fees unless those activities are in actual furtherance and their receipts do not exceed twenty per cent of total receipts; to treat rates in force for section 194LBA as those in the Finance Act; and to include prior holding in a consolidating mutual fund for computing the holding period of a short-term capital asset acquired under section 47(xviii). en-us Sat, 28 Feb 2015 18:32:34 +0530 Sat, 28 Feb 2015 18:52:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19099 Section 2 is amended to redefine business trust as a trust registered as an Infrastructure Investment Trust or a Real Estate Investment Trust with units required to be listed on a recognised stock exchange; to add "yoga" as a charitable purpose and limit charitable status for public utility activities that involve trade or fees unless those activities are in actual furtherance and their receipts do not exceed twenty per cent of total receipts; to treat rates in force for section 194LBA as those in the Finance Act; and to include prior holding in a consolidating mutual fund for computing the holding period of a short-term capital asset acquired under section 47(xviii). Act-Rules Bill Sat, 28 Feb 2015 18:32:34 +0530 https://www.taxtmi.com/acts?id=19099