https://www.taxtmi.com/article/detailed?id=11595 The finance bill 2023 amends taxation of REIT remittances by treating the debt repayment component received by unit holders as taxable: a new clause taxes a specified sum computed as aggregate receipts less cost of acquisition and previously taxed sums, and an exclusion provision denies the deeming benefit to amounts so taxed, thereby targeting debt repayments while preserving the existing treatment of rental, dividend and interest and providing relief up to the unit's acquisition cost. en-us Tue, 11 Jul 2023 09:56:35 +0530 Tue, 11 Jul 2023 09:56:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11595 The finance bill 2023 amends taxation of REIT remittances by treating the debt repayment component received by unit holders as taxable: a new clause taxes a specified sum computed as aggregate receipts less cost of acquisition and previously taxed sums, and an exclusion provision denies the deeming benefit to amounts so taxed, thereby targeting debt repayments while preserving the existing treatment of rental, dividend and interest and providing relief up to the unit's acquisition cost. Articles Income Tax Tue, 11 Jul 2023 09:56:35 +0530 https://www.taxtmi.com/article/detailed?id=11595