Minimum Alternate Tax (MAT)

Govt gives relief for REITs, InVITs on Minimum Alternate Tax

  1. MAT would not be applicable on Real Estate & Infrastructure Investments trusts, unless there is actual transfer of their units.
  2. MAT is exempted on gains and losses arising on exchange of shares in units of REITs and InVITs.
  3. REITs and InVITs are aimed at attracting funds into the real estate and infrastructure sectors.