Is amount recv. from trust taxable.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 March 2012
Dear Expert,
Is amount recv from charitable trust or any other trust taxable or not. If taxable than under which head it is taxable.
Kindly give me ur reply.
Thanking you,
Is amount recv from charitable trust or any other trust taxable or not. If taxable than under which head it is taxable.
Kindly give me ur reply.
Thanking you,
07 March 2012
What is the nature of the receipt?
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 March 2012
Dear Expert,
Sir I dont know the nature of under which a trust give fund to other.
Kindly explain me the nature and taxability of fund in the hand of recepient from trust.
waiting for ur kind reply
Thanking you,
Sir I dont know the nature of under which a trust give fund to other.
Kindly explain me the nature and taxability of fund in the hand of recepient from trust.
waiting for ur kind reply
Thanking you,
09 March 2012
Normally the amount shall be taxable as income.
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