Amendment of trust deed - is approval of commissioner reqd?

This query is : Resolved

Shyama Vallabha Dasa (Querist)
Follow

15 March 2012 Dear Expert,

Ours is a public charitable trust having and carrying on with religious and charitable objectives. We were planning to execute certain amendments on the administrative portion of the Trust deed i.e., we are not changing any thing of the objects clause.

In the trust deed the clause on amendments indicates as follows ".... Further no amendments shall be carried out without the prior approval of the commissioner of income tax as required by the law or getting exemption under the Income Tax act, 1961"

So we are not clear whether to go for approval of commissioner of Income Tax as the amendment is no way effecting the objects of the trust.

We request the learned experts to advise and help us serve the society better.

Thanks and Regards,
Siva Sudheer

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
Follow

15 March 2012 Prior permission of CIT is mandatory.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

mohammad.asraf

yogesh korani

xavier

sinu kurian

SHIBSANKAR DEY

Subscribe Now

Amendment of trust deed - is approval of commissioner reqd?

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

GST CONSULTANCY

CA Final

GST CONSULTANT

Accountant

Manager- Finance and Compliance