n NISM Certifications
X NISM Series X
Medium

Which income from InVIT investments is taxable?

Practice question from NISM Series XB- Investment Adviser (Level 2) Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Rental income from investments made by InVIT

  2. Interest income from SPV

    Correct answer

  3. C

    Capital gains from property transfer within InVIT

  4. D

    Dividend income from companies other than SPV

Why this is the answer

Interest income earned from the Special Purpose Vehicle (SPV) is taxable to unitholders.

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