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Home > Income Tax Act 2025 > Section-308Last Updated: Sep 29th 2025

Section-308 : Charge of tax in case of oral trust

Section-308 provides for charge of tax in case of oral trust. Learn to understand the section-308 as it is, it's help and useful links to follow.

Here onwards, "Act" refers to "Income Tax Act 2025"

New Income Tax Act 2025 Portal

1. Section-308 as per act

  1. Where a trustee receives or is entitled to receive any income on behalf or for the benefit of any person under an oral trust, then, irrespective of anything contained in any other provision of this Act, tax shall be charged on such income at the maximum marginal rate.
  2. For the purposes of this section, "oral trust" shall have the meaning assigned to it in section 303(3).

2. Help and useful links for Section-308

  1. Income Tax Help Center
  2. Income Tax Act 2025 Home
  3. Self Service (DIY) Income Tax Filing made Easy



How to get help from EZTax.in



Disclaimer: This article provides an overview and general guidance, not exhaustive for brevity. Please refer Income Tax Act, GST Act, Companies Act and other tax compliance acts, Rules, and Notifications for details.