#preamble amendment

Read more about the article Understanding Section 115TA of the Income Tax Act: Tax on Distributed Income to Investors

Understanding Section 115TA of the Income Tax Act: Tax on Distributed Income to Investors

The taxation of distributed income from securitisation trusts is governed by Section 115TA of the Income Tax Act. This provision establishes clear guidelines on how income distributed by securitisation trusts…

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Read more about the article Understanding the Condonation of Delay in Filing Application for Trust Registration Under Section 12AB
SECTION 12AB INCOME TAX ACT

Understanding the Condonation of Delay in Filing Application for Trust Registration Under Section 12AB

Introduction Under Section 12AB of the Income Tax Act, trusts or institutions seeking registration must apply within the specified timelines as outlined in clause (ac) of sub-section (1) of Section…

Continue ReadingUnderstanding the Condonation of Delay in Filing Application for Trust Registration Under Section 12AB