sir i came across one of the case i need a clarification in that... the query is,is any of the board member can get any benifits from charitable trust in which he is a board member...?
plz give me suggetion/answer for this... thanking you...
sir i came across one of the case i need a clarification in that... the query is,is any of the board member can get any benifits from charitable trust in which he is a board member...?
plz give me suggetion/answer for this... thanking you...
No ,he can not take any economic benefit from such charitable trust, otherwise the charitable trust will not get any tax benefits
CAclubindia
