income tax paid by Trust - is it an application of income?
income tax refund by trust- is it an income?
2 Replies
CA ABHAY GUPTA
(Practice)
(3230 Points)
Replied 02 July 2020
Income tax refund is never an income only the interest earned on refund is an income..
DHIRAJ JOHN MATTAM
(NIL)
(73 Points)
Replied 02 July 2020
Income tax paid by trust - is it an application of income?
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