Trust winding up
This query is : Resolved
03 August 2020
A charitable trust wants to close its trust activities and surrender PAN. As per Trust deed if the trust wants to close its activities it may transfer its Movable and Immovable properties to other trusts having same object. What procedure to be follow to transfer movable and immovable property to other trust?
03 August 2020
Transfer immovable property through gift deed. Movable property hand it over. Bank balance account transfer.
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