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Income Tax - Highlights / Catch Notes

Home Highlights June 2019 Year 2019 This

Assessment of trust - Tax rate - provisions of Sec.167B applies ...

Income Tax

June 22, 2019

Assessment of trust - Tax rate - provisions of Sec.167B applies to an AOP or BOI where its income is indeterminate or unknown then the tax shall be charged at the maximum marginal rate - it is a fact that the Deity is the sole beneficiary in present case, the tax rates and the slabs as applicable to an individual would apply

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