Private Family Trust

sood (Querist) 02 October 2010 This query is : Resolved

CAn any one throw light on Private family Trusts? How are they treated under the IT act.
Can a family trust be formed for the benifit of unborn grandchildren

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s.subramanian (Expert) 02 October 2010
Yes. It can be done.

DEFENSE ADVOCATE.-firmaction@g (Expert) 03 October 2010
The private trust can be formed for variety of purposes , there is no limitation.

Khaleel Ahmed Mohammed (Expert) 08 October 2010
Well advised Mr. Shashikumar.

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