Trust

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Querist : Anonymous

Querist : Anonymous (Querist)

03 March 2012 what is difference between trust and section 25 company

CA.rajni kalsariya

CA.rajni kalsariya (Expert)
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03 March 2012 trust is registered u/s 12A of income tax and trust is registered with the approval of commissioner of income tax while company u/s 25 registered with ROC.

Ajay Mishra

Ajay Mishra (Expert)
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03 March 2012 Hi

Trust and Section 25 company, both has different entity.

Section 25 company is incorporated under Companies Act for specific purpose generally charitable purpose.

Trust is different entity and registered under Indian Trust Act, 1882. Trust is open for the benefit of other.

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Ajay Mishra

Ajay Mishra (Expert)
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03 March 2012 Hi

Following link will also help you to better understanding the same:

http://www.karmayog.org/startanngo/startanngo_10607.htm

Querist : Anonymous

Querist : Anonymous (Querist)

03 March 2012 thank you sir

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