NRIs can be appointed as Trustees of valid Indian Trusts under Income Tax Act

21
10/2018

NRIs can be appointed as Trustees of valid Indian Trusts under Income Tax Act

The New Delhi bench of Income Tax Appellate Tribunal (ITAT) in Global Academy of Emergency Medicine versus CIT(E), held that under the Income Tax Act appointing of NRIs as trustees of valid Indian trusts are permissible.

Full News Link:- http://www.taxscan.in/nris-appointed-trustees-valid-indian-trusts-income-tax-act-itat/29472/

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