Icds & trust
This query is : Resolved
25 June 2017
Dear Sir,
I have the following Queries :
(1) Whether ICDS is applicable for Trusts?
(2) Can the Bank Account be opened in the Name of the Trust before Incorporating a Education and Health
Trust?
(3) Is it necessary to pass resolution in the meeting for opening a Bank Account? if so, is it possible to pass
resolution before incorporation of a Trust ?
(4) The Number of meetings to be conducted by a trust in a Year?
(5) The Number of days of Notice for a Meeting of Trust?
Please clarify me as early as possible.
Thanks & Regards,
N.Balaji
I have the following Queries :
(1) Whether ICDS is applicable for Trusts?
(2) Can the Bank Account be opened in the Name of the Trust before Incorporating a Education and Health
Trust?
(3) Is it necessary to pass resolution in the meeting for opening a Bank Account? if so, is it possible to pass
resolution before incorporation of a Trust ?
(4) The Number of meetings to be conducted by a trust in a Year?
(5) The Number of days of Notice for a Meeting of Trust?
Please clarify me as early as possible.
Thanks & Regards,
N.Balaji
25 June 2017
1 ICDS not applicable to trusts where tax audit is not applicable.
2 Bank ac to be opened after incorporation
3 Pass resolution after incorporation;
4 and 5 as per rules of the trust.
2 Bank ac to be opened after incorporation
3 Pass resolution after incorporation;
4 and 5 as per rules of the 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
- GSTR-1A How to update Invoice
- Excess salary payment.
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Stamp Paper for partnership firm change new income tax 2025
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- TDS on Purchase of Immovable Property by NRI from NRI
- Regarding TDS Applicability For Director Remuneration
- FORM 26A APPLICABILITY
- When TDS on GST applied
- TDS APPLICABILITY......
- Copyright software
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
