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Income Tax - Highlights / Catch Notes

Home Highlights May 2014 Year 2014 This

Addition made u/s 56(2)(vi) - Fair Value Trust (FVT) – ...

Income Tax

May 15, 2014

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

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