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Registered Trust

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(Querist)
09 March 2021 A 12 A Registered trust wants to add two new members. The trust deed provides that new members can be added through board resolution.

My doubt is whether the addition of new members need to be informed to the Income tax department or any prior approval necessary.
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CA Gunjan Agarwal

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CA Gunjan Agarwal (Expert)
10 March 2021 According to me u need to informed the income tax department about change in membership only .

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