Question ID :
40429
CHARITABLE TRUST
TRANSFER FIXED ASSET BY A CHARITABLE TRUST REGISTERED U/S 12AA TO ANOTHER CHARITABLE TRUST WITH SAME OBJECT S BUT WITHOUT REGN. U/S12AA. KINDLY CLARIFY THE IMPACT FOR THE TRANSFERROR TRUST AND THE TRANSFEREE TRUST UNDER INCOME TAX ACT
Posted by
P.SHANGAR
on
Oct 12, 2019
Filed Under
DIRECT TAXES
Answer ID :
85677
permitted.....capital gains may arise for the transferor trust
Posted by
SIVADAS CHETTOOR on
Feb 16, 2025