Legal ownership of the trust property vests in the trustees.

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..... tion(s) Referred: 5(1)(iv) Statute: Wealth Tax Act, 1957 A question has been raised whether exemption in respect of house property u/s 5(1)(iv) of the Wealth-tax Act, 1957 is allowable in respe .....

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..... that trust property. - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMI .....

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