Remuneration to trustee

Auditor K.Sankar (Practitioner) (72 Points)

03 August 2011  

Dear sirs,

Is the remuneration paid to the (charitable) trustees are allowable expenses under the Income-tax act, because so many trustees are being as an working trustee for the trust on his own time, they are expecting on his actual cost of working for the trust.(not benefit or profit)

Pls.clarify according to the incometax act .