https://www.taxtmi.com/manuals?id=2597 Income received by a unit holder from a business trust is taxed as income from other sources where a specified sum is received during the previous year in respect of a unit held at any time during that year. The specified sum is computed as A minus B minus C, and is treated as zero where B and C exceed A. A is the aggregate distributed amount not covered by sections 10(23FC) or 10(23FCA) and not chargeable under section 115UA(2); B is the issue amount of the unit; and C is the amount already taxed under this clause in earlier years. en-us Fri, 07 Apr 2023 17:29:00 +0530 Fri, 01 May 2026 15:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2597 Income received by a unit holder from a business trust is taxed as income from other sources where a specified sum is received during the previous year in respect of a unit held at any time during that year. The specified sum is computed as A minus B minus C, and is treated as zero where B and C exceed A. A is the aggregate distributed amount not covered by sections 10(23FC) or 10(23FCA) and not chargeable under section 115UA(2); B is the issue amount of the unit; and C is the amount already taxed under this clause in earlier years. Manuals Income Tax Fri, 07 Apr 2023 17:29:00 +0530 https://www.taxtmi.com/manuals?id=2597