Tuesday, December 1, 2020

Interest on bank deposits earned by an AOP being a determinate trust is taxable in the hands of beneficiaries

INCOME TAX : If assessee-trust was a determinate trust, interest income earned on bank deposits would be assessed in hands of assessee's beneficiaries and not assessee

from www.taxmann.com Latest Case Laws https://ift.tt/2VkxGeG
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