banner_ad

sec 10(23C ) of income tax act

Final 302 views 2 replies
what is the difference between fund,trust or institution mentioned in sec 10(23C)
Replies (2)
question is not clear.

Trust is a legal entity in which a trustee holds the rights to manage the assets of the trustor for the benefit of either the trustor or another beneficiary.

Fund is a pool of money that is allocated for specific purpose. Funds can be created using any form of legal entity like a company or even a trust.

Institution simply means an organization. It can also take any form of legal entity.

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details