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.


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