Easy Office
LCI Learning

charitable trusts

This query is : Resolved 
Profile Image

Profile Image

(Querist)
20 January 2009 I have few Q on chatitable trusts:

Q1 : creating a charitable trust with immovable property as corpus - does it requires registration ?

Q2: can a charitable trust act as a settlor of a charitable trust ?

Q3: if registration is not mandatory - the effect on title ?
Profile Image

Taxguy

Profile Image

Taxguy (Expert)
21 January 2009 Yes and it make incur huge stamp duty if there more than one setllor.

May not be advisable.Ct can give to another trust .

Registration is mandatory.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links