Private Trust Taxation involves the tax treatment of income generated by a private trust and its distribution. In India, irrevocable trusts are taxed either in the trust or in the hands of the beneficiaries, while revocable trusts are taxed in the settlor's hands. ASC Group provides expert advisory services to help manage tax obligations and ensure compliance for private trusts.
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Taxation of Private (Family) Trusts in India: Family Trust in India

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