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SK Sharma   17 May 2016

Charitable society

 
What is  the procedure and under which law a  registered charitable society  (12AA) can transfer or sell its property to another charitable society (12AA) having same objects?
Can someone help by quoting judgements or acts, sections etc....
I can be reached at 9023054222 (Chandigarh)


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 1 Replies

Ashesh Trivedi (Accounts Officer)     28 May 2016

I am not an Lawyer, but to my knowledge you can just transfer only, you cannot sell to another charitable trust.

Respected Lawyers, if i am wrong also let me know the procedure for the same, as in company in which i am having job is holding charitable trust and does not have taxable income & still we file I.Tax Return regularly.


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