Section - 10(23FCA) (of Income Tax Act, 1961), Income-tax Act.
Section - 10(23FCA) (of Income Tax Act, 1961), Income-tax Act.
Incomes not included in total income.
Any income of a business trust, being a real estate investment trust, by way of renting or leasing or letting out any real estate asset owned directly by such business trust.
Explanation.—For the purposes of this clause, the expression "real estate asset" shall have the same meaning as assigned to it in clause (zj) of sub-regulation (1) of regulation 2 of the Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014 made under the Securities and Exchange Board of India Act, 1992 (15 of 1992);
×
