The Bank Account of the trust in the name of the trustee and the interest that is earned in the S.B A/c should it be taxable in the hands of the trustee in her personal Income Tax filing ??
Janani Subramanian (Employed) (151 Points)
06 October 2010The Bank Account of the trust in the name of the trustee and the interest that is earned in the S.B A/c should it be taxable in the hands of the trustee in her personal Income Tax filing ??
CA Navin Jain
(MANAGER (FINANCE & ACCOUNTS))
(11768 Points)
Replied 06 October 2010
should be taxable in the hand of trustee