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Open an Trust or Society for tax benifit Purpose


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Querist : Anonymous

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Querist : Anonymous (Querist)
07 February 2011 Can, any one tell me, what are the tax benifit under Income tax Act 1961, for donations to an Trust (charity purpose) or society ? which more beneficiary for an Individual or company etc.

and procedure to open an Trust ?

08 February 2011 Hi,
Please go through Section 11 & 12 of the Income Tax Act 1961.

Regards
CA. LOHITH. J
B.Com,ACA,CS,(ICWA),ITF Hons,SAPM Hons



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