Private trust
This query is : Resolved
18 July 2012
SIR,
IN WHICH FORM WE MAKE THE AUDIT REPORT OF PRIVATE TRUST ( FOR PROFIT MAKING ) AND SEND SUCH FORM AND B/S AND INCOME & EXPD FORMAT. AND WHAT IS THE TAX TREATMENT FOR SUCH PRIVATE TRUST.
IN WHICH FORM WE MAKE THE AUDIT REPORT OF PRIVATE TRUST ( FOR PROFIT MAKING ) AND SEND SUCH FORM AND B/S AND INCOME & EXPD FORMAT. AND WHAT IS THE TAX TREATMENT FOR SUCH PRIVATE TRUST.
19 July 2012
it is to be treated as normal entity and use form 3cd
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