In the past, in the absence of a reliable verification method, the Income Tax Department approved deductions under...
Read MoreA trust is a legal process that permits individuals to transfer ownership of the asset to the trust which is mainta...
Read MoreBoth religious and charitable Trust are established to support specific causes and are focused on promoting their s...
Read MoreForm 10A is a necessary document for the re-registration of trust in India. It is a necessary step that the trust o...
Read MoreA will and a trust are two distinct legal agreements used to control the disposition of assets upon death. Despite...
Read MoreSection 3 of the Trust Act, 1882, defines a Trust as “an obligation annexed to the property ownership & arisi...
Read MoreIn India, there are various forms of organisation which are established with the aim of providing services to the m...
Read MoreTrusts are established to lay out legal protection for the Trustor's Asset. The Trust, whether Public Trust or Priv...
Read MoreA fiduciary relationship between a person who gives the right of the title of his property or assets to another per...
Read MoreIn a trust, the owner can transfer the property to a trustee for the benefit of the beneficiary or beneficiaries. T...
Read MoreTrusts are the statutory bodies primarily created for the benefit of private individuals or public at large and may...
Read MoreA trust can either be public or private. Private trusts operate under the ambit of the Indian Trusts Act 1882. Trus...
Read MoreA trust in general falls under Indian law having a statutory authority, i.e. the Indian Trusts Act, 1882. The India...
Read MoreTrusts are abided by the rules prescribed in Section 8, which claims the tax benefits as discussed in Sec 11 and 12...
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