Comparative analysis

Others 1166 views 2 replies

articled student

61 Points Joined November 2007

Dear all,

any one can help me on conparative analysis between Section 25 company and Trust.

Please....

Thanks in advance

Replies (2)

article

422 Points Joined December 2007

hi man....

section 25 compaany registers under companies act while trust is to b registered under indian trust act

trust may b for the private or public purpose whereas section 25 companies to promot science art literture etc

if public charitble trust follows certain conditions then its income is excempted from tx whereas no exemption for section 25 compny

section 25 company has to pay tax on book profit u/s 115jb no payment of tax for trust under this section

Practising Company secretary

53 Points Joined February 2009

Originally posted by :akshat
"	hi man.... section 25 compaany registers under companies act while trust is to b registered under indian trust act trust may b for the private or public purpose whereas section 25 companies to promot science art literture etc if public charitble trust follows certain conditions then its income is excempted from tx whereas no exemption for section 25 compny section 25 company has to pay tax on book profit u/s 115jb no payment of tax for trust under this section	"