banner_ad

Trust and Trustee

This query is : Resolved 
Profile Image

Profile Image

(Querist)
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
Profile Image

S.Srinivasaraghavan

Profile Image

S.Srinivasaraghavan (Expert)
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


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details