The assessee Trust is a revocable Trust and contribution by ...

Trust Income Taxable to Beneficiaries: Revocable Trust Transfers Lead to Tax on Mutual Funds Holding PTCs.

February 27, 2017

Case Laws Income Tax AT

The assessee Trust is a revocable Trust and contribution by beneficiaries is a revocable transfer. - the income shall be taxed in the hands of the beneficiaries, i.e. the Mutual Funds who purchase the PTCs from the assessee trust. - AT

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The assessee Trust is a revocable Trust and contribution by ...

Trust Income Taxable to Beneficiaries: Revocable Trust Transfers Lead to Tax on Mutual Funds Holding PTCs.

February 27, 2017

Case Laws Income Tax AT

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