https://www.taxtmi.com/acts?id=40270 Definition of trust under Section 3 of the Indian Trusts Act, 1882 determines which arrangements qualify as trusts and frames trustees' and beneficiaries' obligations; this statutory meaning is material for applying the Income-tax Act, 1961 and allied enactments to allocate tax liabilities, exemptions, reporting duties, and other fiscal consequences. en-us Wed, 22 Sep 2021 14:37:06 +0530 Wed, 22 Sep 2021 14:37:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40270 Definition of trust under Section 3 of the Indian Trusts Act, 1882 determines which arrangements qualify as trusts and frames trustees' and beneficiaries' obligations; this statutory meaning is material for applying the Income-tax Act, 1961 and allied enactments to allocate tax liabilities, exemptions, reporting duties, and other fiscal consequences. Act-Rules Income Tax Wed, 22 Sep 2021 14:37:06 +0530 https://www.taxtmi.com/acts?id=40270