superannuation trust audit
This query is : Resolved
02 February 2008
Hello,
1)I want to know the laws applicable to the above.
2) when the Superannuation Fund (SF) is transferred from a company located outside india to a company located in india how is the treatement given for gain on foreign currency
1)I want to know the laws applicable to the above.
2) when the Superannuation Fund (SF) is transferred from a company located outside india to a company located in india how is the treatement given for gain on foreign currency
03 February 2008
A super annuation fund can be established by a trust deed. The rules of the trust should be in accordance with the Income tax Rules 82 to 97 relating to approved super annuation funds, and part B of Schedule IV, in order that it gets approved by IT authorities.
Your second question is not clear- you mean transfer of contribution or fund?
Please note the fund has to be established in India to qualify for approval.
Your second question is not clear- you mean transfer of contribution or fund?
Please note the fund has to be established in India to qualify for approval.
03 October 2008
The question may be clarified.
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
- Reopen of assessment proceeding
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Gift Received from nonblood relative
- Management System (IMS)
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- 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
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
