Trust Compliances

    Posted By : CS Gaurav / Published on : 21-Oct-2017 11:20 AM / View : 579 / Comment : 2
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    Dear Members, Once a Trust is formed and registered under Trust Act, does it require to comply any other regulatory compliances yearly...like submitting of Financials... If yes then where we should submit the Financials?
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    • It will have to file returns under Income Tax.

      22-10-2017 / 01:58:48 PM
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    • To claim donations as not for profit, the Trust has to get 12AA Registration. Otherwise, its income shall be taxable.

      22-10-2017 / 02:00:29 PM
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