Can a trust claim basic exmption limit of Rs.160000
Regards
M.S.Kabra
Madhusudan Kabra (knowledge seeker) (1779 Points)
24 December 2010Can a trust claim basic exmption limit of Rs.160000
Regards
M.S.Kabra
Shweta Bansal
(CA)
(175 Points)
Replied 24 December 2010
Trust is treated as individual. Thus the slabs are applicable to it.
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