Easy Office
LCI Learning

Formation of Trust deed

This query is : Resolved 
Profile Image

Profile Image

(Querist)
06 March 2008 How to form Trust ?Please explain the procedures and how to avail exemption for donation given by donors in such trust.
Profile Image

S.Srinivasaraghavan

Profile Image

S.Srinivasaraghavan (Expert)
06 March 2008 A Trust can be formed primarily by one or more persons by a settlor(s) by a Trust deed or Will.

To get exemption of donation the trust has to satisfy the conditions of section 11 and 12 of the Income tax Act 1961.

Profile Image

CA. GOPAL SONIKA

Profile Image

CA. GOPAL SONIKA (Expert)
06 March 2008 Receive donation as corpus donation.
Upgrade to CAclubindia Pro. Subscribe Now!


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


CCI Pro
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