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Detail Form
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1.
Which of the following is an essential condition for obtaining exemption of the income of a Charitable Trust?
2.
In order to form a Society, at least ___________ persons are required.
3.
Which of the following statement(s) about Inheritance Tax is/are correct?
4.
A Discretionary Family Trust is one of the most common small business structures in _____________. It can operate upto ____________ in the same.
5.
Which of the following statements about Discretionary Family Trust is/are correct?
6.
_____________ of the Income Tax Act,1961 contains the provision that the profits and gains of the business carried on by a Charitable Trust would be fully exempt
from tax.
7.
Which of the following is/are advantage(s)of Living Trust?
8.
Capital gains are subject to tax at ______________ for Trustees or Personal Representatives.
9.
The Hindu Succession (Amendment Act), 2005 came into force from _______________.
10.
Which of the following statements about Earned Income Tax Credit (ETIC) is are correct?