Dissolution of trust
This query is : Resolved
13 August 2015
Sir/Ma'm
My friend developed a trust but forgot to put a clause regarding dissolution of trust. Now income tax department has put a query regarding this clause when he applied for tax exemption under section 12 A. Pl suggest the remedy.
Ashutosh
My friend developed a trust but forgot to put a clause regarding dissolution of trust. Now income tax department has put a query regarding this clause when he applied for tax exemption under section 12 A. Pl suggest the remedy.
Ashutosh
13 August 2015
You can go for amendment of the Trust Deed to include that clause.
Message likes :
1 times
14 August 2015
Can it be done through passing the resolution
16 August 2015
No Ashutosh, you will have to get it Registered with Sub Registrar. Resolution will not cover this problem.
In Karnataka, Sub Registrar will not even allow registration without a clause on dissolution of trust.
In Karnataka, Sub Registrar will not even allow registration without a clause on dissolution of trust.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
