Private trust

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Querist : Anonymous

Querist : Anonymous (Querist)

19 January 2015 are the provision of exemption available under section 11, 12, 12A and 13 to a private trust and what are the other benefits attributable to a private trust under IT act.Please suggest(Trust is formed for the benefit of children of deceased and the trust is formed by the friends of deceased )

Querist : Anonymous

Querist : Anonymous (Querist)

19 January 2015 plz suggest at the earliest

Rupesh Jain

Rupesh Jain (Expert)
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19 January 2015 you can get u/s 80G donation permission for that you can get deduction of donation recd.

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Querist : Anonymous

Querist : Anonymous (Querist)

21 January 2015 Thanks Rupesh Sir,
what are the other exemption availabe to the trust if it does not avail 80 G permission.

Querist : Anonymous

Querist : Anonymous (Querist)

22 January 2015 are the provision of exemption available under section 11, 12, 12A and 13 to a private trust and what are the other benefits attributable to a private trust under IT act.Please suggest(Trust is formed for the benefit of children of deceased and the trust is formed by the friends of deceased )

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