Taxation of Unregistered trust under 12AA of Income Tax

CA Vishvesh Shah (Practice) (63 Points)

27 March 2018  

The assessee trust having interest income amounting to Rs. 450000/-

The same trust has not been registered under 12AA of the Income Tax Act yet.

What will be the tax liability of the same & what was the provisions for the same

Please clarify the same ASAP.

Thanking in advance.