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Income Tax - Highlights / Catch Notes

Home Highlights August 2017 Year 2017 This

Nature of receipt from the trust - distribution of surplus by ...

Case Laws     Income Tax

August 5, 2017

Nature of receipt from the trust - distribution of surplus by the trust - as per scheme of assessment of private discretionary trust, the Department has to opt whether to assess the income in the hands of trust or beneficiaries.

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