Plz clear my confusion
This query is : Resolved
anjalisharma
(Querist)
11 January 2012
under income tax act, 1961, in which head, remuneration received by trustee from trust, will fall ? whether ''income from salary head'' or B&P or income from other sources''
CA PARAS BAFNA
(Expert)
11 January 2012
Any benefit or remuneration received by trustee is taxable under the head Income from Other Sources.
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