Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: ARTICLES ON INPUT TAX CREDIT IN VAT :: due date for vat payment :: ACCOUNTING STANDARDS :: VAT RATES :: articles on VAT and GST in India :: list of goods taxed at 4% :: Central Excise rule to resale the machines to a new company :: cpt :: form 3cd :: TDS :: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: empanelment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit
 
 
« General »
 Tax savings that do not actually help save much
 Indirect tax officers seek PM Modi’s intervention for smooth roll-out of GST
 Income Tax and Budget 2017: Here’s all you need to know about tax maths for let-out property
 Tax Department To Launch 2nd Phase Of Bank Accounts' Scrutiny Next Month
 How to claim tax benefit on tuition fees under Section 80C
 Online Income Tax grievance redressal facility launched at 60 offices
 Demonetisation impact on government tax revenue marginal; direct tax personal income grew at above budget estimates
 ICAI seeks more accountability, transparency in defence sector
 Will Budget help double farmers’ income?
 Verify online deposits made post demonetisation, income tax department asks taxpayers
 Union Budget 2017: Best budget is do not change anything, do no harm, implement well

Tax pass-through status sought for realty investment trusts
June, 23rd 2014

Market regulator SEBI has pitched for tax pass-through status for real estate investment trusts (REITs), its Chairman UK Sinha said.

“We are hopeful that the new Government (at the Centre) will consider this suggestion favourably,” Sinha said at the 36th Skoch Summit here.

A REIT is a real estate company that is modelled after mutual funds.

It gives opportunities to invest in income producing real estate in a manner similar to investing in stocks and bonds through mutual funds.

A pass-through tax treatment in the case of a REIT would mean the taxes of such a vehicle are “passed through” to the tax return of individuals owning the business.

Sinha pointed out that REITs are popular in developed markets such as the US, the UK, Australia and Japan and these vehicles had brought benefits to both investors and real estate developers.

“REITs have been a significant vehicle for investors to take advantage of the growth in the real estate industry on one hand. On the other hand, it releases the funds for developers so that they can utilise the fund for further development,” Sinha said.

“We are almost ready with the regulations. We have to go to our Board. But we believe that we must have clarity on tax treatment before REITS are put in place and become effective,” Sinha said. Once the clarity comes, SEBI will not take much time and come out with the regulations immediately, he said.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
E-catalogue online catalogue E-brochure online brochure online product catalogue online product catalogue e-catalogue Indi

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions