Trust REgistration u/s.10(23C)(iiiad)
This query is : Open
13 November 2009
My friend form a trust & run a school 1.It's Gross receipts is Less than 1 Crore. wheather the trust should be registered under 12A?.
2.Wheather 85% of the fund should be expended in that year.
3.For claiming exemption u/s.10(23C)trust is to be registered under any section.
Regards,
Prakash.M
2.Wheather 85% of the fund should be expended in that year.
3.For claiming exemption u/s.10(23C)trust is to be registered under any section.
Regards,
Prakash.M
hshivakumar
(Expert)
13 November 2009
1.Registration u/s 12A is not required if gross is less than 1 cr. and 85% is not applicable when there is no regn of 12A.
1.Registration u/s 12A is not required if gross is less than 1 cr. and 85% is not applicable when there is no regn of 12A.
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
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Nursery business
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- 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
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
