Trust - taxation
This query is : Resolved
18 July 2012
Can a trust having in the name "PRIVATE" with the objective of Charitable Purpose for charitable purpose in the form annadanam etc. can claim exemption u/s. 11
i.e. example name of the trust is "ABC Family Private Trust", but the object of the trust to provide Food to the poor children, Educational support etc. can claim exemption u/s. 11
Thanks & Regards
Sunil D
i.e. example name of the trust is "ABC Family Private Trust", but the object of the trust to provide Food to the poor children, Educational support etc. can claim exemption u/s. 11
Thanks & Regards
Sunil D
19 July 2012
suppose you are doing charitable work, then why you are going to create this type of trust. I think you can not create trust in the name of Private. You can create trust under Indian Trust Act, society registration Act and companies act. kindly check this with expert people.
19 July 2012
in which act this NGO is registered
In the Name of Trust
or in the name of Society
or in the Name of Company not for profit
In the Name of Trust
or in the name of Society
or in the Name of Company not for profit
19 July 2012
Hi!!
Good Day!!
Its' an age old trust formed in 60s and registered then.
Regards
Sunil
Good Day!!
Its' an age old trust formed in 60s and registered then.
Regards
Sunil
20 July 2012
but under which act
assuming (in the Indian Trust Act)
it can claim Exemption
but it needs to be registered U/s 12A
it should also fulfill the criteria of 12A
assuming (in the Indian Trust Act)
it can claim Exemption
but it needs to be registered U/s 12A
it should also fulfill the criteria 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
- Unregistered suppliers utility
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Difference between Date of Payment and Date of Deduction?
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- ITR 4 and Bank transactions
- TDS AND ITR ISSUE
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- The TDS balance for March 26 shows a mismatch between the books and the portal; what should be done
- 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
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
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
