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aneesjit · Joined: 07 Mar 2011 Posts: 1 1.26 Dollars($)

what are the parameters of taxation of minors discretionary trust in India if the income of trust is deferred till majority of minor? Will it be taxed at minimum rate applicable to individual?

smithsussane · Posted: Mon Mar 07, 2011 11:04 pm Post subject:

Hi aneesjit!

Welcome to forums!

The laws in India and USA are completely different. You will have to contact an India based CPA and take his/her help in this matter.

Feel free to ask if you've further queries.

Sussane

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taxation of minors discretionary trust income

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