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Income Tax Act

Section 12 of the Income Tax Act

Section 12 of the Income Tax Act-Trust Income

tion 12 of the Income Tax Act, 1961 deals with recognition of income of trust & institutions, their tax ablity & non-tax ability etc. For better understanding read along with Section 11, 12A, 12AA & Section 13 all of these sections deals with Income of Trust or Charitable Institutions.Read More →

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