CHAPTER XII-FASPECIAL PROVISIONS RELATING TO BUSINESS TRUSTSTax on income of unit holder and business trust.115UA. (1) Notwithstanding anything contained in any other provisions of this Act, any income distributed by a business trust to its unit holders shall be deemed to be of the same nature and in the same proportion in the hands of the unit holder as it had been received by, or accrued to, the business trust.(2) Subject to the provisions of section 111A and section 112, the total income of a business trust shall be charged to tax at the maximum marginal rate.(3) If in any previous year, the distributed income or any part thereof, received by a unit holder from the business trust is of the nature as referred to in 19[sub-clause (a) of] clause (23FC) or clause (23FCA) of section 10, then, such distributed income or part thereof shall be deemed to be income of such unit holder and shall be charged to tax as income of the previous year.(4) Any person responsible for making payment of the income distributed on behalf of a business trust to a unit holder shall furnish a statement to the unit holder and the prescribed authority, within such time and in such form and manner as may be prescribed20, giving the details of the nature of the income paid during the previous year and such other details as may be prescribed.