35AC & 10(23C)

[Asked by Guest]

DEAR SIR

WE HAVE TRUST(K.S.GOWDA EDUCATIONAL TRUST.MANGALORE KARNATAKA

LET ME KNOW FOLLOWING REQUESTS;

1. CAN WE APPLY FOR 35AC ,10(23C),35 1 &2

2  HOW WE CAN GET CBDT APPROVAL FOR TRUST

3. RBI APPROVAL FOR INVESTING & RECEIVING MONEY

 SAMPLE TRUST RESOLUTION FOR SECTION1(5) &APPOINTMENT OF NEW TRUSTEE

[tarsem gupta]

You can apply for registration u/s 12AA, approval u/s 10(23C) if required and approval u/s 35 if required and if eligible. It is not clear for what purpose you want approval and at what level.

AI Summary

Registration and approval: trusts may seek 12AA registration and 10(23C)/section 35 approvals if eligible, subject to stated purpose.
The trust may apply for registration under 12AA and seek approvals under 10(23C) and section 35 if it meets the statutory eligibility criteria; the respondent noted that the specific purpose and level of approvals were unclear and a sample resolution request was raised but not answered.