Trust distribution

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L
1678 Points Joined June 2007

Please solve my query,

Distribution of capital amount amoung beneficiaries owner is taxable.

wht are the relevant section will affect.

 

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On 14 June 2007 at 09:05 Report
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proprietor
72 Points Joined May 2007
MOST OF THE TRUST CASES IF THE TRUST AVAILED EXEMPTION U/S.11, THE CAPITAL AMOUNT CAN'T BE DISTRIBUTE TO BENEFICIERS OWNERS. THE ENTIRE CAPITAL AMOUNT CAN BE TRANSFERED TO ANOTHER SAME MOTIVATION TRUST ONLY.
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On 15 June 2007 at 01:50


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