TRUST
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 February 2010
WHAT IS THE MAXIMUM TIME FOR WHICH A TRUST CAN CARRY FORWRD ITS UNUTILISED ACCUMULATION AMOUNT. IS IT 5 FIVE OR 6 YEARS - WHICH SECTION COVERS THIS
CA Mohd. Ubaid
(Expert)
01 February 2010
A Trust Can Carry Forward Its Accumulated Amount For A Period of 5 Years. Sec 11(1)(a) and Sec 11(1)(b).
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