Tax on distributed income to investors.

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....e Act, any amount of income distributed by the securitisation trust to its investors shall be chargeable to tax and such securitisation trust shall be liable to pay additional income-tax on such distributed income at the rate of- (i) twenty-five per cent on income distributed to any person being an individual or a Hindu undivided family; (ii) thirty per cent on income distributed to any other ....

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....uted by a securitisation trust to its investors on or after the 1st day of June, 2016.]     **************** NOTES:- 1.  Inserted vide Section 33 of the Finance Act 2013 w.e.f. 01-06-2013 2. Omitted vide Section 43 of the Finance (No. 2) Act 2014 w.e.f. 01-04-2015 before it was read as, "(3) The person responsible for making payment of the income dis....