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Income Tax Rates for Trusts

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..... n of Tax in case of Certain Trusts - Section 115TD Special provision of Tax in case of Business Trusts - Section 115UA However, in certain specific cases, taxes are applicable at the following rates: Sr. No. Section Income Rate of Income Tax 1 161(1A) .....

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..... as AOP 6 164(2) Public Trust If exemption is forfeited due to contravention u/s 13 30% (Maximum Marginal Rate) Note : - Surcharge, Education Cess and Secondary and Higher Education Cess or Health and Education Cess, as the case may be, are applicable in the same manner as applicable to Individual / AOP as .....

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