Trust and Trustee
This query is : Resolved
18 September 2008
Please advise????
Land own by a familiy
Leased out a trust on a nominal rental charges,
Can trust build up building on that and show in its balance sheet, can we do some agreement betweeen the owner and trust for devleopment of building without any consideration.
Can trust give some part of the building to its associated company to run day to day business if so what agreement is required.
Can we do cash less agreement between trust and its associated pvt ltd., company in liew of some services provided by its associated company to the Trust.
the main issue is - can we do cash less agreement
Land own by a familiy
Leased out a trust on a nominal rental charges,
Can trust build up building on that and show in its balance sheet, can we do some agreement betweeen the owner and trust for devleopment of building without any consideration.
Can trust give some part of the building to its associated company to run day to day business if so what agreement is required.
Can we do cash less agreement between trust and its associated pvt ltd., company in liew of some services provided by its associated company to the Trust.
the main issue is - can we do cash less agreement
02 October 2008
There is no bar, in my opinion.
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
- 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
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
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
