XYZ Trust (no 80G & 12AA Registration) can give loans to out side individual person (he is not trustee). Main Objective of trust is providing Education and health to poor people. So can Trust give loan to outside person?
tds files (179 Points)
12 January 2019XYZ Trust (no 80G & 12AA Registration) can give loans to out side individual person (he is not trustee). Main Objective of trust is providing Education and health to poor people. So can Trust give loan to outside person?
v k s supraja
(intermediate)
(216 Points)
Replied 13 January 2019
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