Assessment u/s 164(1) - whether the assessee trust cannot be ...

Court Rules Trust Income Taxed to Beneficiaries, Not Trustees, u/s 164(1) of Income Tax Act.

February 17, 2017

Case Laws Income Tax HC

Assessment u/s 164(1) - whether the assessee trust cannot be assessed as on AOP? - Once the shares of the beneficiaries are found to be determinable, the income is to be taxed of that respective sharer or the beneficiaries in the hands of the beneficiary and not in the hands of the Trustees which has already been shown in the present case - HC

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Assessment u/s 164(1) - whether the assessee trust cannot be ...

Court Rules Trust Income Taxed to Beneficiaries, Not Trustees, u/s 164(1) of Income Tax Act.

February 17, 2017

Case Laws Income Tax HC

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