Registration u/s 12aa

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

04 December 2012 what will be the consequences if a trust not registered u/s 12AA donate to another trust which is registered u/s 12AA

CA Parul Saxena

CA Parul Saxena (Expert)
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04 December 2012 If a trust is not registered u/s 12AA then exemption u/s 11 and 12 would not be given and the trust would be liable for tax as per the slabs applicable to individual...

CA bhargava

CA bhargava (Expert)
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04 December 2012 As per the Provisions of IT., A trust registered u/s 12AA cannot donate to the non registered trust., but in the above case ., the unregistered trust is donating to a registered trust., it is just like an AOP is donating to a Trust., and
my question is :
what is the view point whether from Unregistered point or the registered trust point of view...

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