Search Results For: irrevocable transfer

SECTION(S): , , , ,
CATCH WORDS: , , , ,
DATE: October 17, 2014 (Date of pronouncement)
DATE: October 18, 2014 (Date of publication)
AY: 2008-09
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Entire law on taxation of private specific/ discretionary trusts under revocable & irrevocable transfers and AOPs explained

(i) Private Trusts could be Fixed or Discretionary Trusts. A fixed trust is a trust in which the beneficiaries have a current fixed entitlement to such income as remains after proper exercise of the trustee’s powers. On the other hand, …

DCIT vs. India Advantage Fund-VII (ITAT Bangalore) Read More »