Trust Exemption Lost , if It Spends on These Persons !

1
713
Print Friendly, PDF & Email

Trust is allowed exemption u/s 11 and 12 of the Income Tax Act , however the exemption is allowed only when various conditions which is required to be fulfilled . Section 13 contains various conditions and sub-clause 3 of Section 13 provides a list of persons or associate’s of such person , on whom a Trust can…

This content is for annual and Semi Annual members only.
Log In Register

Comments are closed.