The trust is not an “association of persons”, the provisions of ...
High Court Rules Trust Not an "Association of Persons"; Section 40A(2) Inapplicable to Trust-Assessee Company Transaction.
July 12, 2012
Case Laws Income Tax HC
The trust is not an “association of persons”, the provisions of Section 40A(2) are not attracted to the transaction between the trust and the assessee company. - HC
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