Public Trust TO Pvt. ltd. co.

This query is : Resolved

Sonam (Querist)
Follow

06 October 2009 We are running NGO having trade,commerce, social welfare and education.
As per new FCRA law, NGO are taxable from FY 2009-10. Therefore, better to pay tax and run same as public trust. or Register with private limited co. and get benefit from Micro samll and medium enterprise development from government of india or state.
What is the main rule of Micro small & medium enterprise development.

Guest

Guest (Expert)

06 October 2009 It is better to remain with the Trust Format.

And MSMED Act doesn't differentiate between Trust & Company. You can also get benefit as a Regd. Trust.

However, the trust must be regd. with the FCRA & Income tax

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Jeegar Valera

Tia Blair

Sabareesan S Venkatesh

kambamcr@gmail.com

Nithish Kothari

Subscribe Now

Public Trust TO Pvt. ltd. co.

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANCY

Manager- Finance and Compliance

CA Final

Accountant

GST CONSULTANT

Article Assistant