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taxation of employee welfare funds

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(Querist)
26 May 2008 dear all

can anybody pls guide me in relation to the formation of and the taxation of trusts/fund to be established for the welfare of employees by the company?
thanx and regards
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
27 May 2008 From taxation angle?
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pranav deshpande

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pranav deshpande (Querist)
27 May 2008 Yes Sir
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pranav deshpande

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pranav deshpande (Querist)
27 May 2008 Basically the nature of the fund is EMPLOYEES VOLUNTARY BENEVOLENT FUND.

thanks and regards

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