https://www.taxtmi.com/highlights?id=18571 Addition made u/s 56(2)(vi) - Fair Value Trust (FVT) – department having already exercised the option to tax the income directly in the hands of the trust, there is no provision to review the option taken in the case of trust and again to change the option from one beneficiary to another - AT en-us Thu, 15 May 2014 13:23:35 +0530 Thu, 15 May 2014 13:23:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=18571 Addition made u/s 56(2)(vi) - Fair Value Trust (FVT) – department having already exercised the option to tax the income directly in the hands of the trust, there is no provision to review the option taken in the case of trust and again to change the option from one beneficiary to another - AT Highlights Income Tax Thu, 15 May 2014 13:23:35 +0530 https://www.taxtmi.com/highlights?id=18571