Let’s start to work together
Demerger of trust
Brief Overview
When demerger of companies takes place the gratuity trust also needs to be demerged.
SCOPE OF WORK
- Preparation of the documentation for the submission to income tax authorities
- Application with the principal commissioner of income tax for the demerger of the trust
- Appearing before the income tax authorities for the demerger of the trust
- Continuous follow up till the final demerger letter is received from the income tax
DOCUMENTS REQUIRED
- Trust master data of the trust
- Trust latest financials of the trust
- Trust latest income tax return of the trust
- Demerger order copy
WHY EASY ACCOUNTING
- Approximately 42,000 employees in the trust advised by us
- Trusted by more than 100 trusts across India
- Faster turnaround time for income tax approval
- One stop solution for the entire process
- Hassel free experience in the complex process
- 5+ Years of group gratuity centric experience
TIMELINES
- Approval letter from the income tax is normally received in 4-6 months
KEY CLIENTELE
- An American multinational shipping & receiving and supply chain management company
- Listed Aerospace and defense company
- Listed subsidiary of the Indian conglomerate providing Satellite Communication Service Provider
- Listed Multinational Multi-technology automotive components supplier
- Leading Trade Credit Insurance Adviser
- One of the biggest listed Rural non-banking financial Company
- Manufacturer of high-quality reactive dyes
- Leading logistics service provider
- Leading American Multi-national construction company with presence in 20 countries
- World’s leading synthetic rubber company
- India’s most recognized stationery brand
FAQs
Yes, intimation needs to be given to income tax office