Section 12aa
This query is : Resolved
27 January 2017
Pl let me now what are clause to be included in Trust Deed for Exemption u/s 12AA e.g. it is irrevocable , it will work in Indian Territory, 85% fund should be applied for its Objects etc. And when it should be Applied
27 January 2017
Dissolution clause to be added in the trust deed that the assets will be handed over to a charitable trust having similar objects in the event of dissolution of the trust.
27 January 2017
1. Operations should be with in India only.
2. Entire receipts are to be used for the objects of the trust.
2. Entire receipts are to be used for the objects of the trust.
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