Trust property sale

This query is : Resolved 

23 January 2013
Dear Members

The Trust if sells the immovable property , is it necessary to obtain permission from income tax dept? if not, have any case laws to support this opinion. Pl guide us

25 January 2013 THERE IS NO SUCH LAW OR CASE.

25 January 2013 YOU DO NOT NEED TO TAKE ANY PERSMISSION IF THE VALUE IS LESS THAN THE SPECIFIED VALUE.




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