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Income Tax - Highlights / Catch Notes

Home Highlights December 2013 Year 2013 This

Applicability of section 161(1A) - the MF being itself a Trust, ...


Mutual Funds as Trust Beneficiaries: Income Taxable in Assessee's Hands u/s 161(1A) Ruling.

December 24, 2013

Case Laws     Income Tax     AT

Applicability of section 161(1A) - the MF being itself a Trust, could it possibly be a beneficiary of a Trust - The income is taxable in the hands of assessee and not in the hands of beneficiary - AT

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