Trust registration
This query is : Resolved
19 September 2008
I want to create a private trust in the name of my son who is just one year old. Can you tell me the procedure for registration and taxability of the income of trust. Can this trust except gift from various relatives and its taxability.
19 September 2008
Creat a trust deed and register it and being a private trust for personal purpose, there may not be much exemptions.
Dhirajlal Rambhia
(Expert)
21 June 2023
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