Employee welfare trusts

Sriram (Querist) 06 August 2019 This query is : Resolved
If an employer wants to file a trust with the Income Tax for Exemption mainly to cater to medical exigencies; is it allowed for any tax exemption.

The employer wants to start a trust for the sole purpose of giving additional funds to the deprived employee who has an ailment. The employer wants to fund the same through a trust for building the corpus.

Follow Query

Report Abuse

kavksatyanarayana (Expert) 06 August 2019
Ji, to me if the employer creates Trust with such aims with some amount by adding Income tax exemption Clause. It needs CA's adivse. Hence consult a senior CA of your area or put this query in CAclubindia.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Physically Handicapped Govt Employee exmpt Professional Tax?
late deposit of employee share
Income Tax_TDS on employee salary contribution
deduction of rs5000 from salary of employee URGENT
Employee welfare fund
Income tax for flat owner welfare association
State govt. employee can be a commission agent
Tax demand of salary employee as tds not shown in 26as
Residential welfare association
Can government employee hold other post?