Trust deed amewndment
Querist :
Anonymous
(Querist) 07 December 2017
This query is : Resolved
Dear Sir
Query regarding a public charitable trust .The trust is operating since last 5 years. Now the trust is applying for 12A REGISTRATION. Incometax Deptt wanted to insert two cluses ; Irevocability clause & dissolution clause in trst deed. My point is 1- What is the procedure of amendment .Whether suplementary trust deed inserting the cluses is possible or New trust deed needs to be made.
2- What will be the regd fees ?
3 My corpus fund at the time of original trust deed was Rs 1.11 lakhs. Now the corpus fund is 28lakhs.
Regards
bnmohanty
kavksatyanarayana
(Expert) 07 December 2017
In which state the Trust is located? the Stamp duty and registration fee are vary from state to state. In most of the states for Amendment of Trust deed requires the stamp duty as paid on original deed. and the fee leviable is subject to a maximum of Rs.1000/-.
