Society reg act
This query is : Resolved
anil khatri
(Querist)
29 August 2009
Is it necessary for a charitable society to handover its property on dissolution to only a charitable society ? are there any case laws for the related matter ? Pls reply its urgent
CA. B.SRINIVASULU
(Expert)
30 August 2009
Yes. It is better if if handovers to a charitable society. If the bye laws says so.
If not you can give the property as the institution may deem fit. But capital gains tax has to be paid.
If not you can give the property as the institution may deem fit. But capital gains tax has to be paid.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- GSTR9 Annual Return
- Employee secondment
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Reward for festival
- Ito add credit side of bank
- Form 144 TDS Return Validation error
- Closer of business and itc of capital goods
- Capital gain on commercial property and investment in residential property
- Rectification under processing even after 6 months cpc portal
- RCM and same line
- TDS Return Statement Status
- ARCA LOGIN
- Appointment of Auditor By Form ADT-1
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
