trust returns
Can u tell who can help upload and file Trust returns in Mumbai
Can u tell who can help upload and file Trust returns in Mumbai
Dear Client,
Public trusts in Mumbai must file annual reports with two different government offices. First you must file your national income tax return online using Form ITR-7 . Second, because you are in Maharashtra, public trusts must also submit your audited accounts to the local state Charity Commissioner.
In the event of 1 vacancy in Managing committee but 2 application received for co.opt what is the process ? And which Bye-Law refers to this ? Please describe in detail if conflict.
Dear Client,
Where there is one vacancy in the Managing Committee but two applications for co-option, both applicants should first be checked for eligibility under the applicable law and the organisation's registered Bye-laws.
Since there is only one vacancy, only one eligible person can be co-opted. The Managing Committee should consider both applications in a duly convened meeting and select one candidate through the procedure prescribed in the Bye-laws, usually by passing a resolution or
In my charitable trust deed it has been mentioned that trust will serve the general public in 3 broad prospectives viz 1. Education of underprivilage children 2. Old age care for the society 3. Spiri ...
Dear client,
The Trust can add “Health Care/Medical Relief to the General Public” as an additional charitable object. For this, the Trustees should pass a resolution, execute a Supplementary/Amendment Trust Deed, and register it with the appropriate authority, wherever required. The Trust should also update its 12AB/80G and other relevant registrations/records with the Income-tax Department. After completing these formalities, the Trust can legally undertake charitable health-care activities
can a Maharashtra state govt employee be a mukhya pravartak for forming new cooperative housing society under DDR office?? Can i also take any position like Adhyaksh, secretary, or Koshadhyaksh?? W ...
Dear Client,
Yes, a Maharashtra state government employee can legally be a Mukhya Pravartak or office bearer (Adhyaksh, Secretary, Koshadhyaksh) for a new housing society under the DDR, provided they own a flat there and obtain prior written permission or a No Objection Certificate (NOC) from their department head under the Maharashtra Civil Services (Conduct) Rules, 1979 to avoid service misconduct.
If the service agreement of high value between a person and a public charitable trust is such that the address of the person is incomplete then will the charity commissioner or state trust authority b ...
If the service agreement of high value between a person and a public charitable trust is such that the address of the person is incomplete then will the charity commissioner or state trust authority be satisfied with a clarification affidavit or a agreement amendment correcting the identity presented with valid OVDs? Give legal opinion in para format
Assuming the trust is governed by the Maharashtra Public Trusts Act, 1950 (the position may differ under another State’s trust legislation), an
I have a question in an agreement between a person and a public charitable trust, KYC documents are collected first but I would like to know that when can the first draft contains the full name of t ...
Dear Client,
A clarification affidavit may be requested even if the draft agreement can be edited. This is because the organisation may wish to maintain consistency between the executed agreement and its KYC records, or create a formal record explaining any difference in the address mentioned in the agreement and the address appearing in the identity documents. Some organisations follow this practice as part of their internal compliance or record-keeping procedures.
However, if the agreement h
I have a question let's say Rakesh Kumar (A) enters into an agreement with a big public charitable trust (B) over transfer of huge amount of movable property only ( cash ) and A lives in a six storeye ...
Dear Client,
Yes, such arrangements may exist in practice. There is no general legal requirement that every agreement must mention the flat or floor number, provided the parties are sufficiently identifiable and the agreement is otherwise valid. Where complete KYC documents (such as PAN and Aadhaar) and an identity clarification affidavit are maintained by the organisation, they may adequately establish the identity of the person for their internal records.
Whether a public charitable trust ag
I have a question let's say Rakesh Kumar (A) enters into an agreement with a public charitable trust (B) over transfer of movable property only and A lives in a six storeyed building in a flat. Can he ...
Dear Client,
For an agreement involving movable property, providing only Rakesh Kumar's full name and the building address, without mentioning the flat number, floor number, PAN, Aadhaar, parents' names, age, gender, or similar details, does not automatically make the agreement invalid. The key consideration is whether the contracting party can be identified with reasonable certainty.
While omitting the flat number could potentially create ambiguity if the building contains many flats or if
If I enter into an agreement with the public charitable trust saying I have Rs 5Cr in bank account and the trust has immediate enforceable vested interest over the movable property. The donor will not ...
Dear Client
The information provided is insufficient to give a proper legal opinion. Whether a public charitable trust will accept such an arrangement cannot be determined as a matter of law. It will depend on the trust's trust deed, internal policies, objectives, financial governance, the terms of the proposed agreement, and the decision of its trustees.
The size of the proposed donation alone does not determine whether the trust will accept it. Each trust is free to decide whether to accept
Can any MC member of cooperative society withdraw his resignation once given
Dear Client,
Yes, a Managing Committee (MC) member of a cooperative society may be able to withdraw their resignation before it is accepted, provided the applicable Cooperative Societies Act, Rules, and the society's bye-laws do not prohibit such withdrawal.
Once the resignation has been validly accepted by the competent authority and has become effective, withdrawal is generally not permitted unless the society's rules or bye-laws specifically allow it or the competent authority agrees.
The
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