Story thread · 4 reports / 4 sources

Trustees face legal risk in new tax regime

afr.com · 6d

Trustees face legal risk in new tax regime

Trust managers could be breaching legal obligations to beneficiaries and will find it almost impossible to distribute income to current or unborn children.

First report: Rs 1.23 lakh tax demand for new tax regime ITR economictimes.indiatimes.com, 8d

The coverage

  1. ITR filed under new regime, consultant’s mistake led to old regime & Rs 1.23L demand

    timesofindia.indiatimes.com · 6d

  2. HUF tax planning: Why choosing the new regime could cost you deductions in 2026-27

    businesstoday.in · 7d

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