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Income Tax - Highlights / Catch Notes

Home Highlights October 2017 Year 2017 This

The trust is discretionary trust. Hence, it is liable to be ...


Discretionary Trust Taxed at Maximum Marginal Rate u/s 164(1) of the Income Tax Act.

October 9, 2017

Case Laws     Income Tax     AT

The trust is discretionary trust. Hence, it is liable to be assessed as per the provisions of Sec.164(1) at maximum marginal rate.

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