TaxTonic #22: REIT & InvIT - Regulatory & Tax Conundrum!

Episode Duration:
110 minutes

Episode Background:
'TaxTonic', a 'subscriber only' thought leadership series, is Taxsutra's endeavour to consistently deliver top notch technical content to it's readers. The labyrinth of tax rulings on convoluted transactions keeps the world of taxation unpredictable and ever-evolving. This series will feature engrossing presentations, incisive analyses and a deep-dive by the tax experts on burning issues & controversies. So, gear up for a 'tonic' to chisel your tax mind and challenge your wit.

Speakers:
- Ms. Saloni Khandelwal (Transaction Square)

- Mr. Rushikesh Raval (Transaction Square)

Moderator:
Mr. Sachin Sastakar (Chartered Accountant)

What shall the episode cover?

In the times of extreme volatility in the stock markets, investors seek solace through steady income and capital preservation with growth and diversification. Since the introduction of SEBI Regulations for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) in 2014, the regulatory and tax provisions seek to impart clarity on the mysteries of REITs and InvITs. SEBI has also clarified about the possible investment opportunities for REITs and InvITs with the rules of distribution of income to the investors. On the tax front, myriad implications are posed for residents and non-residents as well as on different streams of income. 

In this episode of TaxTonic, Taxsutra presents a discussion to understand the nuances of investment mechanism in the light of regulatory and tax framework. This episode primarily covers the following aspects on REITs and InvITs:
1. Need and Evolution
2. Regulatory requirements
3. Tax provisions applicable to resident and non-resident investors
4. Tax implications for REITs and InvITs