Ending Charitable Trust
This query is : Resolved
thomas Verghese
(Querist)
09 December 2021
We started a Charitable Trust in 2011 for providing employment opportunities for Persons with Disabilities. We have found that without donations it is not viable to carry on with the Trust.
We had a hired Retail shop Inside Jal Vayu Vihar paying Rent and salaries to 2 employees.
We are running in Loss for the last 5 years and the losses are getting paid from my personal finances.
We had a hired Retail shop Inside Jal Vayu Vihar paying Rent and salaries to 2 employees.
We are running in Loss for the last 5 years and the losses are getting paid from my personal finances.
CA R SEETHARAMAN
(Expert)
09 December 2021
Loss making charitable trust without any assets, inform concerned registered authorities, like income tax and Registrar of society.
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