Section 165, Income-tax Act, 1961 — Case where part of trust income is chargeable

Chapter XV · Liability in Special Cases

165Case where part of trust income is chargeable.

Section 165 · Chapter XV · C.—Representative assessees - Special cases · page 675 of the Act

Where part only of the income of a trust is chargeable under this Act, that proportion only of the income receivable by a beneficiary from the trust which the part so chargeable bears to the whole income of the trust shall be deemed to have been derived from that part.

Section 165 of The Income-tax Act, 1961 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.