Regulatory Compliance

All trust operations conducted in strict compliance with the Indian Trust Act, 1882, including:

• • Section 3: Trust creation formalities and valid trust property
• • Section 10-12: Trustee duties and powers within deed parameters
• • Section 13-21: Trustee liabilities and breach remedies
• • Section 31-32: Investment obligations and authorized investments
• • Section 52-54: Trustee appointment, retirement, and succession

Tax compliance framework ensuring proper treatment under Income Tax Act provisions:

• • Section 160: Trustee tax obligations and representative assessee status
• • Section 161: Tax liability framework for trust income
• • Section 164: Apportionment rules for distributed income
• • Chapter XII-A: Special provisions for charitable/religious trusts (if applicable)
• • Annual ITR filing and TDS compliance protocols

Anti-money laundering and know-your-customer protocols pursuant to applicable regulations:

• • Beneficial owner identification and verification
• • Source of funds documentation requirements
• • Ongoing monitoring and suspicious activity reporting
• • Enhanced due diligence for high-risk scenarios
• • Record retention per statutory timelines