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income tax
Can anyone please give me examples for beneficiary and beneficial owner
Replies (2)
An official or the legal owner will be the beneficial owner where as the person who is having the right to enjoy the benefits will be the beneficiary.
let's say Ram is the boyfriend of Riya but ram does hangout with Sweta sometimes.
here beneficial owner is Riya and beneficiary is Sweta.
here beneficial owner is Riya and beneficiary is Sweta.
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