1.What is meaning of "income derived from property held under trust"? 2.In what circumstances does trust need to file form 9A w.e.f AY 1617 ? 3.In what circumstances does trust need to file form 10?
08 August 2017
01. say a house property is owned by the trust and then the rent received out of such property, if any, would be the income from property held under trust. 02. can you send me form 9A and 10 please.....amolshankar@gmail.com
08 August 2017
Trust can receive income from any source I doubt that only income from house property is to be considered income derived from property held under trust
08 August 2017
your doubt is 100% correct. I thought you are understanding the meaning and hence i quoted one example. See as you must be aware, property is of 2 types. Movable....Immovable So to say income earned /derived from the property (movable and/or immovable) which is held under trust
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