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Donation by a trust

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 September 2016 Can a trust enjoying exemption u/.s 12A make a donation to another trust?Can it be treated as application of income?Is there any conditions relating to it?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
29 September 2016 The condition is that the another trust should enjoy exemption u/s 12A.
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Querist : Anonymous

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Querist : Anonymous (Querist)
29 September 2016 If the trust to whom the donation is made does not have exemption what would be the consequence Sir?



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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
29 September 2016 Such donations will not be treated as application of income.

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