Private or public trust
This query is : Resolved
10 December 2012
Respected Experts,
I want to setup a trust for educational & medical help to poor people,
& for the activity I want to aquire the "open space" available in a NAP34 layout of a rural area.
(The land is known & concern people are ready to give it for the purpose)
Which type PRIVATE OR PUBLIC TRUST will be more stable for the activity?
(means : for management, funds, memberships, tax, etc)
Thank you for your valueable time.
I want to setup a trust for educational & medical help to poor people,
& for the activity I want to aquire the "open space" available in a NAP34 layout of a rural area.
(The land is known & concern people are ready to give it for the purpose)
Which type PRIVATE OR PUBLIC TRUST will be more stable for the activity?
(means : for management, funds, memberships, tax, etc)
Thank you for your valueable time.
10 December 2012
Form a Trust, Get Registered Under Section 12AA of IT Act and Get Certificate of 80G Deductions fro Respective AO.
Apart from That, Nothing is Specially Required.
Apart from That, Nothing is Specially Required.
Message likes :
1 times
10 December 2012
Dear Ayush,
i want to understand what will be more better Public tust or the private trust?
have a nice day!
Dushyant
i want to understand what will be more better Public tust or the private trust?
have a nice day!
Dushyant
10 December 2012
Private Trust - No Use.
Since Income Get Connected With Author Income.
Go for Public Trust
Since Income Get Connected With Author Income.
Go for Public Trust
Message likes :
1 times
10 December 2012
IS THERE ANY BENIFIT IN PRIVATE TRUST?
( OTHER THAN INCOME TAX POINT )
( OTHER THAN INCOME TAX POINT )
10 December 2012
& AS THE INCOME GET CONNECTED TO AUTHOR;
THEN HOW "THE MINOR'S TRUST" WORK?
THEN HOW "THE MINOR'S TRUST" WORK?
10 December 2012
Same, Minor Trust Income Get Accumulated With Legal Representative or Parents.
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
- Refund of AY 22-23
- HSN Details in IFF/GSTR-1 & in GSTR 9
- Tax on capital gains revoked us 54f
- Should I include march foreign salary received in April in my income for FY 2023-24?
- TDR receipts for agreement holder
- Inventory of finished goods
- Sale of property furniture sale
- Disallowance of Section 43B(h) to sez units
- GST APPLICABILITY ON POLLUTION CHECK SERVICE
- Applicability of Ind As to associate of associate
- Refund AY 2012-13 and 2013-14
- DIRECT TAX CODE 2025
- MODEL FILLED AUDIT REPORT FOR TRUSTS IN FORM 10B
- 115TD on cancellation of 12A 80G Registration
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
Trending Online Classes
CAclubindia
