Question ID :
29579
Taxation of Unregistered Trust
we have an unregistered trust and having gross receipts Rs. 5.00 lacs and incurred exps. Rs. 3.00 lacs against receipt i.e net surplus is Rs. 2.00 lacs whether any benefit will available of tax slab or we have to pay MMR on 2.00 lacs
Posted by
SANDEEP KAPOOR
on
Apr 18, 2018
Filed Under
DIRECT TAXES
taxable at MMR on 5lakhs.
Posted by
VINAY BHARGAV KUMAR G on
Apr 19, 2018
Answer ID :
65548
yes, MMR on Rs. 2.00 lakhs
Posted by
CA. SATISH CHAND GARG on
Apr 23, 2018