10(25)(III)

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is there any limitation of this section where trustees can be held liable for income tax payment on approved superannuation fund?
Replies (3)
The trustees are under obligation to adhere to the income tax provisions.
It is exempt for trust if any amount is received from superannuation fund u/s 10(25)(iii)
No deduction under S.10 other than S. 10+1) and 10(23C) are allowed to trust. All become part of gross receipt and offered to tax


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