Page 33 - P6 Slide Taxation - Lecture Day 2 - Trust
P. 33
Sec 7(8)
Resident
Donation
Donor TRUST
Donor is taxed
Non-
s 7(8)(b): Deductionfor
expenditure incurred by Income received due to the resident
transaction: beneficiar
non-resident allowed in
the resident’s hands, but that would have constituted y
“income” if the recipient
ltd to the resident’s
was a resident
(donor’s) income.
Example
?
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