Private Trust Taxation involves how income generated by a private trust is taxed. In India, irrevocable trusts are taxed either in the trust’s hands or the beneficiaries' hands, depending on the distribution. Revocable trusts are taxed in the settlor’s hands. #ascgroup offers comprehensive support in tax planning, ensuring compliance and effective management of tax obligations for private trusts.
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Taxation of Private (Family) Trusts in India: Family Trust in India

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