one society engaged in MID DAY MEAL busiiness and want to convert society into trust.
tell me the proceedure and benefits for the same
seema (C.A) 14 May 2010
one society engaged in MID DAY MEAL busiiness and want to convert society into trust.
tell me the proceedure and benefits for the same
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...