FBT for a Trust
This query is : Resolved
Vijay Sarathi H
(Querist)
28 September 2008
Does the provisions of FBT apply for a Trust registered u/s.12AA?
Ravikumar.G
(Expert)
29 September 2008
Employer Excludes:
Any Fund or Trust or Institution eligible for exemption u/s 10(23C) or 12AA.
Hence, there is no FBT.
Any Fund or Trust or Institution eligible for exemption u/s 10(23C) or 12AA.
Hence, there is no FBT.
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