In case eduactional Institute is formed under a trust whether it is identified as a seperate legal entity and ,If yes, what is the legal status whether an AOP or BOI?
Satish
(CA Final Student)
(479 Points)
Replied 09 July 2010
It will be one of the segments of the trust and could only be treated undet the trust. no separate legal entity unless it take a separate registration as a trust.