banner_ad

Legal entity

This query is : Resolved 
Profile Image

Profile Image

(Querist)
12 October 2015 SIR/MADAM,

A CHARITABLE WANTS TO PROMOTE WOMENS. WOMENS PREPARE PAPAD, PICKLE ETC. THE TRUST WANTS TO TAKE THAT MANAGEMENT UNDER THEIR CCONTROL FOR SMOOTH FUNCTIONING AND TO GIVE THEM BETTER PROFIT. MY QUESTION IS WHETHER THIS CAN BE DONE UNDER TRUSTS OBJECTS.. MOREOVER IF THEIR IS ANY SURPLUS ON THIS ACCOUNT WHAT WILL BE THEIR TAX IMPLICATIONS.

THANKS..
Profile Image

CA SATBIR SINGH SAINI

Profile Image

CA SATBIR SINGH SAINI (Expert)
03 November 2015 This business will be taxed as normal business. Separate books of account should be maintained as normal business.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details