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seema (C.A)     14 May 2010

creation of trust

one society engaged in MID DAY MEAL busiiness and want to convert society into trust.

tell me the proceedure and benefits for the same



Learning

 1 Replies

Saurabh Bansal (Tax Consultant)     14 May 2010

there are a lot of benefits....

if the trust is religious or charitable purpose..you can get the deductions in Income tax...

You will not be charged to any income tax...


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