Takeover of trusts???

Tax queries 968 views 1 replies

Can an Educational Trust be taken over by another Educational Trust???

If Yes, What are the Tax Implications on such Takeover???

Please advice.

Replies (1)

It is possible by virtue of clause in the trust deed to that effect and by passing resolution and getting permission from govt if it is registered as public trust.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register