Bombay High Court Dismisses Assessee's Appeal in Income Tax Case Regarding Trust Status. Tribunal's Finding that Private Specific Trust Constituted Association of Persons Upheld, Resulting in Disallowance of Interest Paid to Beneficiaries under Section 40(ba) of the Income Tax Act, 1961.
3 Apr 2025The appeal arose from an assessment order under the Income Tax Act, 1961 for the assessment year 2001-2002 concerning the status of a Private Specific...
