Forfeiture of Membership
This query is : Resolved
14 September 2008
XYZ is a Trust registered under Bombay Public Trust Act, It has A scheme permitted by its bye laws to allow its members to pay membership charges (which will form part of corpus Fund) in Installments. But few Members defaulted in paying the Installement Due on specified Days Managment therfore decided to forfiet the money recived
Is there any provision to show such forfeture amount, if yes where it can be shown
Is there any provision to show such forfeture amount, if yes where it can be shown
14 September 2008
you have to refer to the clauses of trust deed or its bylaws
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
- Notice from IT DEPTT IF FD AMOUNT EXCEEDS 10 LACS
- GST payable under RCM
- Applicablity on tds
- Unable to generate and save json file for updated return
- Regarding TDS not deducted on rent
- Inverted Tax Structure & Unutilized ITC on Services
- Audit of F and O T/O
- GSTR9- ITC
- Section 194I not showing in TDS RPU for Compnay Assessee for TDS on rent
- Tax audit & Switching from Presumptive taxation
- Import purchase entry
- Rule 54(1A) for Distributing ITC
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- Revision under Section 264 in The Income Tax Act, 1961
- TDS under section 195.
Trending Online Classes
-
LIVE Course on GSTR-9 & GSTR-9C (Technical | Practical | Concept - Based)
Sachin Jain03 November 2025
CAclubindia
