will
This query is : Resolved
18 February 2010
whether trust deed created through will is required to be registered under any act
kiran deshpande
(Expert)
19 February 2010
In case the trust wants to claim application of income u/s 11 of the Income Tax Act, it has be get Registered u/s 12A of the I.T.Act.
Though the I.T.Act does not define the Trust, as per the Indian Trust's Act, a "trust" is an obligation annexed to the ownership of property, and arising out of a confidence reposed in and accepted by the person who reposes or declares the confidence is called the
"author of the trust":
Therefore, the condition of registration is applicable to all trusts.
Though the I.T.Act does not define the Trust, as per the Indian Trust's Act, a "trust" is an obligation annexed to the ownership of property, and arising out of a confidence reposed in and accepted by the person who reposes or declares the confidence is called the
"author of the trust":
Therefore, the condition of registration is applicable to all trusts.
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