fbt ON TRUST

Others 1126 views 7 replies

Does the provisions of FBT apply for a Trust registered u/s.12AA?

Replies (7)

no.

FBT not Apply

  • an individual,
  • * HUF,
  • * funds or trust or institution eligible for exemption under Section 10(23) or registered under Section 12AA,
  • * Central Government,
  • * State Government

 

No... FBT donot apply for a Trust.

no

it is not appliable for trust.

Provisions of FBT are applicable only to Partnership firms and companies and not to individuals, huf's and trusts.

no sir it does not cover in defination of employer u/s 115w


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