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
Trust Seeks Tax Exemptions and CBDT/RBI Approvals; Considers Sections 12AA, 10(23C), and 35AC for Eligibility A trust in Mangalore, Karnataka, inquired about applying for various tax exemptions and approvals, including sections 35AC, 10(23C), and others, as well as seeking guidance on obtaining CBDT and RBI approvals for financial activities. A respondent advised that the trust can apply for registration under section 12AA and approvals under sections 10(23C) and 35 if necessary and eligible. However, the purpose and level of the required approvals were not specified. (AI Summary)
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