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Taxation of trust

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(Querist)
16 January 2021 If trust is not registered under 12A , Whether expenses made by trust are deductible from revenue? What tax rate is applicable to such trust?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
18 January 2021 Expenses made by trust not deductable. Maximus marginal rate of tax applicable.

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