Private Family Trusts
This query is : Resolved
12 October 2010
What are private family trusts? How are they beneficial in tax planning?
13 October 2010
Trust can be created by setting aside any money/ property from your income in the name of the trust. The same when accumulates doesn't add up in your income.
Plz note that the trust needs to be irrevocable trust.
Plz note that the trust needs to be irrevocable trust.
CA Sanat Pyne
(Expert)
13 October 2010
you can download the file
https://www.caclubindia.com/share_files/tax-implication-on-private-trust-28277.asp
https://www.caclubindia.com/share_files/tax-implication-on-private-trust-28277.asp
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