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Exempt Income of Business Trust and Unit Holders - Section 10(23FC), 10(23FCA), 10(23FD)
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....O(7) shall be exempt from tax. Note:- * "Business Trust" means a trust registered as an infrastructure investment Trust or a Real Estate Investment Trust, in accordance with the regulations made under the Securities Exchange Board of India Act, 1992 * The expression "special purpose vehicle" means an Indian company in which the business trust holds controlling interest and any specific percen....
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