Difference

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Ashwini. K (Querist)
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18 August 2012 What is the difference between Co-operative soceity and Charitable trust?
How will the tax treatment differ in both the case?
Please do answer.

THANKS IN ADVANCE.

Naresh Dharia F.C.A.

Naresh Dharia F.C.A. (Expert)
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19 August 2012 Co Opeartive Society means Members Contribution to the Society...
Charitable Trust means Contribution by the Trustees OR Donation for the Corpus of the Trust...

Object in the first case ...Mutual Benefit
Object in the later case..Benefit for the beneficiaries....It may be public or Private...