Question ID :
40560
Noc from CIT before sale by a trust regd u/s 12A
When a charitable trust running a school not able to continue ,must obtain no objection from CIT exemption Circle before selling it to another charitable Trust
Posted by
nagappan.sm
on
Jan 30, 2020
Filed Under
DIRECT TAXES
Yes. Also implications of provisions of section 115TD should be considered.
Posted by
CA. chunauti dholakia on
Jan 31, 2020
Answer ID :
80399
22222.... yes
Posted by
CA.MUNEEB U ZAHOOR on
Jan 31, 2020
Answer ID :
80401
please let me know whether the trust is to be dissolved.
Posted by
SIVADAS CHETTOOR on
Feb 06, 2020
Answer ID :
80403
TRUST CAN NOT BE SOLD ONLY IT TRANFERS THE ASSETS AND LIABILITIES TO OTHER TRUST HAVING SIMILAR OBJECTS
Posted by
CA. KANAGARAJ S on
Feb 06, 2020
Answer ID :
80438
TRUST CAN NOT BE SOLD ONLY IT CAN TRANSFER THE ASSETS AND LIABILITIES TO OTHER TRUST HAVING SIMILAR OBJECTS.
Posted by
CA. JAIN JAWAHAR LAL on
Feb 29, 2020