12a/80g

Querist : Anonymous (Querist) 05 September 2011 This query is : Resolved
(i) Does disposal of assets on dissolution to similar trust , is required clause in trust deed , for the purpose of 12A/80G?

(ii) Is education meant to make aware one particular industry , free of cost , not education witin the meaning u/s 2(15)?

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Raj Kumar Makkad (Expert) 06 September 2011
1. Yes. This clause is mandatory to be inserted in Deed of Trust.

2. This is also an education which is meant for particular section of the society.