Oral Trusts Qualify for Registration with Evidence Under Income Tax Act Sections 12AA or 12A.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Exemption - the trust can be created even orally and if the assessee is able to give some evidence of creation of such Trust by a word of mouth, the same shall be eligible for registration u/s 12AA/12A....
TaxTMI