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Dear Friends,

We have a Gratuity Trust and contributed Gratuity contribution in every year according to as-15. we have invested Trust income in various mutal fund & fixed deposit and received dividend and interest. Can these income is taxable under section 2(15) Trust Act.

Thanks

 Dear Sir,

We have a Employees Gratuity Trust. Our investment in various mutual fund and fixed deposit. will our Trust income is taxable under  section 2(15). Kindly tell me what impact on our Trust under section 2(15).

Thanks