Can a trust claim basic exmption limit of Rs.160000
Regards
M.S.Kabra
Madhusudan Kabra (knowledge seeker) (1779 Points)
24 December 2010Can a trust claim basic exmption limit of Rs.160000
Regards
M.S.Kabra
Shweta Bansal
(CA)
(175 Points)
Replied 24 December 2010
Trust is treated as individual. Thus the slabs are applicable to it.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961