Capital gain tax

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(Querist)
25 November 2013 if a registered charitable trust under the Trust act transfers the property to a company registered under section 25 of the company act, will it have to pay capital gain tax.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
25 November 2013 no if you reinvest according to section 11(1A).
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
26 November 2013 Agreed with above ans.
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