TaxTMI 
TaxTMI 
Furnishing of statement of income by a business trust to the prescribed authority and the unitholders
X X X X Extracts X X X X
X X X X Extracts X X X X
....called the Income-tax (1st Amendment) Rules, 2015. (2) They shall come into force from the day of their publication in the ) Official Gazette. 2. In the Income-tax Rules, 1962, - (A) after rule12C the following rule shall be inserted, namely:- "Statement under sub-section (4) of section 115UA. 12CA. (1) The statement of income distributed by a business trust to its unit holder shall be furnished to the Principal Commissioner or the Commissioner of Income-tax within whose jurisdiction the principal office of the business trust is situated, by the 30th November of the financial year following the previous year during which such income is distributed,: Provided that the statement of income distributed shall also be furnished to the u....
X X X X Extracts X X X X
X X X X Extracts X X X X
....14 (ii) under the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014 7. Whether the units of the business trust are listed on any recognised stock exchange at any time during previous year Yes/No 8. Aggregate income of the Business trust from all sources (9+11+13) 9. Income by way of interest referred to in section 10 (23FC) 10. Proportion of (9 to 8) 11. Income by way of Dividend referred to in section 115-0 12. Proportion of (11 to 8) 13. Income other than that referred to in 9 and 11 14. Proportion of (13 to 8) 15. Details of persons being unit holders , referred to in sub-section (1) of section 115UA to whom the income is distributed , in the following format :- S. No. Name(s) Add....
X X X X Extracts X X X X
X X X X Extracts X X X X
....____________________________ have examined the books of account and other documents showing the particulars of income earned and the income distributed to the unit holders by the_______________________________ (name of the Business trust) for the previous year ending_________. 2. I/We declare that the above particulars are true and correct to the best of my/our knowledge and belief. (Signature with name of the Accountant) Place Date Notes: 1. "Accountant" means the accountant as defined in the Explanation to sub-section (2) of section 288 of the Income-tax Act, 1961. 2. * Strike out whichever is not applicable.". FORM NO. 64B [See rule 12CA (2)(ii)] Statement of income distributed by a business trust to be provided to the unit h....