An Overview of Trusts

Mohd Zain , Last updated: 25 May 2023  
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What is Trust? A Trust is not a separate legal entity, therefore the tax law uses the concept of the representative assessee to tax the trust as given under section 160 of the Income Tax Act, 1961. How it can be created? Simply speaking a trust is only an obligation created through a legal

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Attached File : 2052807_49747_trusts_24_05_2023.pdf
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Mohd Zain
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Category Income Tax   Report

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