Charitable trust
This query is : Resolved
08 August 2017
I have following queries
1.What is meaning of "income derived from property held under trust"?
2.In what circumstances does trust need to file form 9A w.e.f AY 1617 ?
3.In what circumstances does trust need to file form 10?
1.What is meaning of "income derived from property held under trust"?
2.In what circumstances does trust need to file form 9A w.e.f AY 1617 ?
3.In what circumstances does trust need to file form 10?
08 August 2017
01. say a house property is owned by the trust and then the rent received out of such property, if any, would be the income from property held under trust.
02. can you send me form 9A and 10 please.....amolshankar@gmail.com
02. can you send me form 9A and 10 please.....amolshankar@gmail.com
08 August 2017
Trust can receive income from any source
I doubt that only income from house property is to be considered income derived from property held under trust
I doubt that only income from house property is to be considered income derived from property held under trust
08 August 2017
your doubt is 100% correct. I thought you are understanding the meaning and hence i quoted one example.
See as you must be aware, property is of 2 types. Movable....Immovable
So to say income earned /derived from the property (movable and/or immovable) which is held under trust
See as you must be aware, property is of 2 types. Movable....Immovable
So to say income earned /derived from the property (movable and/or immovable) which is held under trust
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Reporting Income under Section 44ADA
- Itr 1 processing
- Building and other construction workers welfare cess act 1996
- ITR 1: Details for showing Exempt Income
- Bank Accounts in Balance Sheet for ITR 3
- ITR validation error - Balance sheet is not filled
- TDS ON CASH WITHDRAWALS...
- Query regarding TDS on EPFO Higher Pension Arrears*
- Bank accounts of Non resident
- ITR Filing Requirement for Partnership Firm Registered but Business Not Commenced
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Annual return of gst limit
- Delisted shares sold in off market/ Rebate u/s87A
- Error whiling application of GST REFUND (ANNEXURE B)
- While filing GSTR9 accountant couldn't entered the ITC values in Table 6, in 9C it is not accepting
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
