28 September 2011
One of the my client created private partnership trust for the purpose of partnership capital where my client was partner,. After he deceased the trust became partner and all the firm were he was partner are liable to 44AB. Accordingly i would like to know which ITR should be filed for this trust since revenue for the trust wiil be profit ftom firm and capitasl withdrawal both non taxable. pLease reply as early as possible and thanks in advance