UNREGISTRED TRUST


This query is : Open 

Quick Summary
An unregistered trust can indeed claim deductions for expenses incurred under Section 57 of the relevant tax act. This applies specifically to income that the trust has earned. Therefore, trusts are eligible to claim these expenses against their taxable income.

20 January 2021 Can an unregistered trust claim deduction of expenses u/s 57?

21 January 2021 Yes, it can be claimed on such income.

22 January 2021 YES, trust is eligible to claim expenses u/s 57


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