Nature of distribution	TDS Rate	Remark
Interest income	10%	Tax will be deducted at 10% under the provisions of section 194LBA of the Act
Dividend income	Nil	No tax is deductible on dividend paid as per the provisions of section 194LBA of the Act, given the fact that the SPVs of the Mindspace Business Parks REIT (‘MREIT’) have not opted for the beneficial tax regime under section 115BAA of the Act.
Other income	Nil	No tax is deductible on distribution of other income
Repayment of SPV debt	Nil	No tax is deductible on repayment of SPV debt
Note: In case the unitholder provides valid lower withholding certificate, the same may be considered on a case-to-case basis.