Easy Office
LCI Learning

Difference between religious and chartiable trust

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
07 January 2018 kindly let me know difference between religious and charitable trust as per income tax law.

07 January 2018 Charitable trust.
Charitable purpose’ includes relief of the poor, education, medical relief, and the advancement of any object of general public utility.

Religious trusts:

The creation of religious charitable trusts is governed by the personal laws of the religion. The administration of these religious trusts can either be left to the trustees as per the dictates of the religious names or it can be regulated to a greater or lessee degree by statute such as the Bombay Public Trusts Act, 1950.

In case of Hindus, the personal law provisions regulating the religious trusts have not been codified and are found dispersed in various religious books and epics.



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




Answer Query