Clubbing provisions
Murali Krishna (Employee) (350 Points)
21 August 2013Murali Krishna (Employee) (350 Points)
21 August 2013
Mihir
(Wealth Manager)
(5293 Points)
Replied 21 August 2013
I think it would be the Minor Welfare Trust who shall be liable file returns and pay tax on income arising as interest from 22 lacs. Also check the trust deed; relevant provision must be mentioned.