Allowed expence for trust


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Querist : Anonymous

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03 December 2012 A EDUCATINAL TRUST WHICH GROSS RECEIPT IS MORE THAN 1 CRORE.....THAN TRUST PAY TO HIS MEMBER SALARY AND OTHER EXP IS AALOWED FOR TRUST?

03 December 2012 If the trust deed has the specific provision of payment of salary to MEMBERS, it is allowed

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Querist : Anonymous

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03 December 2012 if trust pay any other exp like rent etc to any other person....than which bases its allowed or not?

03 December 2012 Objects of the trust is the KEY indicator. Rent paid to landlord... say to run the activities of the trust... is allowable expenditure.

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Querist : Anonymous

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04 December 2012 what is diff between educational trust,educational society nd educational ngo?

04 December 2012 Registration under which ACT is the key concern. NGO is a colloquial word.


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