I is incorrect: The Finance (No.2) Act, 2014 a special taxation regime for Real Estate Trust (REIT) and Infrastructure Investment (InVIT) (commonly referred to as business trusts). provide two different types of returns to – Dividend Income and Capital Gains. Each of income has a different tax treatment. Any or interest income that you get from an InvIT completely taxable as per your Income Tax Slab rate. income has to be declared every year in your Tax Return under the head “Income from Other II is correct: As per the Securitization and of Financial Assets and Enforcement of Interest Act, 2002, “borrower” means [any who, or a pooled investment vehicle as defined clause (da) of section 2 of the Securities Contracts Act, 1956 (42 of 1956) which,] has been financial assistance by any bank or financial or who has given any guarantee or created mortgage or pledge as security for the financial granted by any bank or financial institution includes a person who, or a pooled investment which,] becomes borrower of a [asset company] consequent upon acquisition it of any rights or interest of any bank or financial in relation to such financial assistance.