Question
EconomyFinancial Markets and InvestmentMutual Funds and Alternative Investment FundsMedium (editorial estimate)
Question details
- Type:
- Statement relationship
- Skill:
- Connecting topics
- Tags:
- InvIT finance and taxation · Mutual Funds and Alternative Investment Funds
- Related topics:
- Direct Taxes and Income Tax · Infrastructure Finance, PPPs and Investment Models
Classification and difficulty are editorial labels. Explanations are awaiting review.
Loading bookmark…
Consider the following statements : Statement-I :Interest income from the deposits in Infrastructure Investment Trusts (InvITs) distributed to their investors is exempted from tax, but the dividend is taxable. Statement-II :InvITs are recognized as borrowers under the 'Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002'. Which one of the following is correct in respect of the above statements?
Loading your progress…
Question 21 · Mutual Funds and Alternative Investment Funds · Economy · UPSC Prelims 2023 (GS)