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Income Tax - Highlights / Catch Notes

Home Highlights October 2017 Year 2017 This

The income from the contributions made by the beneficiaries of ...


Trust Beneficiaries Taxed on Income from Contributions, Not the Trust Itself.

October 16, 2017

Case Laws     Income Tax     AT

The income from the contributions made by the beneficiaries of the trust is taxable only in their hands and not in the hands of the assessee

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