Addition made u/s 56(2)(vi) - Fair Value Trust (FVT) – ...
Case Laws Income Tax
May 15, 2014
Addition made u/s 56(2)(vi) - Fair Value Trust (FVT) – department having already exercised the option to tax the income directly in the hands of the trust, there is no provision to review the option taken in the case of trust and again to change the option from one beneficiary to another - AT
View Source