A trust in general falls under Indian law having a statutory authority, i.e. the Indian Trusts Act, 1882. The India...
Continue ReadingTrusts are abided by the rules prescribed in Section 8, which claims the tax benefits as discussed in Sec 11 and 12...
Continue ReadingA Trust is an institution or association that is formed to provide or assist in the development of ecosystem, monum...
Continue ReadingIn this article, we will provide comprehensive details regarding documents required for trust registration. As per...
Continue ReadingIn general, a trust is a form of arrangement in which the asset is transferred by the owner (the settlor) to anothe...
Continue ReadingAre you aware that charitable institutions may be impacted by loss or giving up something as a penalty for wrongdoi...
Continue ReadingThe main objective of auditing charitable institutions is to allow the assessing officer to convince himself concer...
Continue ReadingWe all are aware that Section 12AA of the Act proposes methods of granting registration of charitable trust or inst...
Continue ReadingSection 12A (1) a/aa/ab provides new registration of trust where a trust or an institution has granted registration...
Continue ReadingTDS means Tax Deducted at Source – “Collection of tax at the source from where an individual's income has...
Continue ReadingA charitable donation is a commonly known fact that an individual or an organization offers to a non-profit institu...
Continue ReadingIt is well-known that establishing trust is a method of passing on any wealth or assets that you may own. It will e...
Continue ReadingThere is no prevention on a charitable trust carrying on any business, where business is a concern that can be held...
Continue ReadingCapital gains tax of Charitable Institutions is a charge assessed on the difference between the ‘sale price’ of...
Continue Reading