TAXATION OF FAMILY TRUST , Income Tax

[shanky Budhiraja]

pLEASE TELL ME IS THERE WILL BE ANY TAX IMPLICATION IN THE FOLLOWIING TRANSACTION A FAMILY TRUST AT THE TIME OF ITS WOUNDING UP DISTRIBUTE ITS PROPERTY TO ITS BENEFICIARIES.

Posts / Replies

[Mukesh Kumar]

It is the nature and scope of assets hold by the Trust would help to determine. Where trust was independent and assessabel as such or AOP or otherwise etc.