TMI BlogAddition made u/s 56(2)(vi) - Fair Value Trust (FVT) department having already exercised the option...Addition made u/s 56(2)(vi) - Fair Value Trust (FVT) department having already exercised the option to tax the income directly in the hands of the trust, there is no provision to review the option taken in the case of trust and again to change the option from one beneficiary to another - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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