trust

This query is : Resolved 

15 December 2010 If the criteria for registeration of the trust has not been complied with in a particular year and from next year the registeration is effected than hw the tax liablity shall be calculated for the year in which registeration was not yet received , shall it be taxed at an maximum marginal rates or slab rates

Pls reply with some case/reason

16 December 2010 In my openion the trust will not get the benifis of section 11 and all the income shall be taxed in accordance to the non trust assessee.


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