Question ID :
44486
091663
A TRUST IS TO CREATED BY A SETTLOR IN RELATION TO AN IMMOVABLE PROPERTY ,SINCE THE TRUST HAS NOT YET BEEN REGISTERED U/S 12A WHAT IS THE POSITION OF TAXABILITY OF IMMOVABLE PROPERTY .
Posted by
vikas kalra
on
May 14, 2023
Filed Under
DIRECT TAXES
taxable as AOP
Posted by
SURAJ KUMAR CHOUDHARY on
May 17, 2023
Answer ID :
85011
Unregistered trust is treated as an AOP and income from trust property is taxable at slab rate.
Posted by
CA. chunauti dholakia on
May 17, 2023