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Options
- A
Interest income received on loans to employees
-
Rental income from properties invested in by REITs
Correct answer
- C
Capital gains from transfer of shares in SPV
- D
Dividend income from investments in other companies
Why this is the answer
Section 10(23FCA) of the Income-tax Act exempts rental income earned by REITs from properties they invest in, making such income tax-free at the REIT level.
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