Corporate social responsibility
This query is : Resolved
25 May 2015
Company A along with sister concerns namely, Co B, Co C and Co D (collectively “the Companies”) have initiated a process of setting up a trust, which would engage in corporate social responsibility (“CSR”) activities of construction, running and maintenance of nursing school
1.The Companies propose to appoint 4 (four) trustees from 4 (four) different Companies belonging to the Group, who are neither directors nor key managerial personnel nor one level below the KMPs but officals of the respective Companies. Will it be in compliance with the law?
1.The Companies propose to appoint 4 (four) trustees from 4 (four) different Companies belonging to the Group, who are neither directors nor key managerial personnel nor one level below the KMPs but officals of the respective Companies. Will it be in compliance with the law?
25 May 2015
Trust must be registered with Registrar of Trust in the State or Where no Registrar of Trust in the State, Registered with IT Authority
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
- Treatment of Pension ?annuity returns on PMVY
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- TAN for Partnership
- NON- SUBMISSION OF LLP FORM 3
- Long Term Service award taxability in hands of company
- What is provisional receipt number for generation of form 16A
- Last year TDS Claim
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- LTCG for Assmt year 26-27
- Form 27Q Correction statement taking too long to update on IT Portal
- ITR selection for salaries and capital gain less than L
- Showing Gift from relative in ITR for this year
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
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
