Taxability Of Trust

what will be the tax treatment if less than 85% of the Income derived is applied. And such Total Income is less than exemption limit.
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Quick Summary
This discussion clarifies the tax treatment for trusts where less than 85% of the derived income is applied. If the total income generated by the trust is below the tax exemption limit, then the income is considered exempt from tax.

If income below Exemption limit, than its Exempt......
Ok Thanks

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