Charge of tax in case of oral trust. https://www.taxtmi.com/acts?id=51853 Tax is charged on income received or receivable by a trustee under an oral trust at the maximum marginal rate, irrespective of any other provision of the Act; "oral trust" has the meaning given in section 303(3). en-us Thu, 14 Aug 2025 17:40:14 +0530 Wed, 20 Aug 2025 15:17:38 +0530 TaxTMI RSS Generator Charge of tax in case of oral trust. https://www.taxtmi.com/acts?id=51853 Tax is charged on income received or receivable by a trustee under an oral trust at the maximum marginal rate, irrespective of any other provision of the Act; "oral trust" has the meaning given in section 303(3). Act-Rules Income Tax Thu, 14 Aug 2025 17:40:14 +0530 https://www.taxtmi.com/acts?id=51853