Benefit of remuneration

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..... The Trust deed of my client provides that the trustees will be eligible for remunaration according to work performed by them also will be entittled to reimbursement of expences incurred by them for .....

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..... works of trust. The trust is also registerd under income tax also under trust act . Accordingly trusttes drew monthly remunaration decided by trustees in their meeting drew reimbursement for conve .....

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..... yance other expences incurred,. Now assessing officer has disallowed same as benefit to trustees which is against the act . so is not taking under application of fund . Can anyone throw some lighton .....

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..... this ? - Reply By CA GOPAL JI AGRAWAL - The Reply = Please see the provisions of section 13(2)(c).I think that the onus is on the assessee that the remuneration is reasonable and commensurate to the .....

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..... services rendered by trustees. - Benefit of remuneration - Query Started By: - shyamal roychowdhury Dated:- 14-8-2008 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, r .....

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..... eply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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