https://www.taxtmi.com/acts?id=46694 Income arising under an oral trust and received or receivable by a trustee is chargeable to tax at the maximum marginal rate, notwithstanding any other provision of the Act; "maximum marginal rate" and "oral trust" take their meanings from the Act's existing explanatory provisions. en-us Sat, 28 Dec 2024 11:44:32 +0530 Sat, 28 Dec 2024 11:44:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=46694 Income arising under an oral trust and received or receivable by a trustee is chargeable to tax at the maximum marginal rate, notwithstanding any other provision of the Act; "maximum marginal rate" and "oral trust" take their meanings from the Act's existing explanatory provisions. Act-Rules F. Acts / Amendment Acts Sat, 28 Dec 2024 11:44:32 +0530 https://www.taxtmi.com/acts?id=46694