80g donation
This query is : Resolved
26 August 2011
Dear Friends
A trust accept 80 G donation and deposit it as fixed deposit and interest received on FD is utilised for charitable purpose.Whether any problem for nonutilisation of 80 G donation & only interest receipt utilisation. Whether any problem in depositing the 80G donation as fixed deposit. please help me
A trust accept 80 G donation and deposit it as fixed deposit and interest received on FD is utilised for charitable purpose.Whether any problem for nonutilisation of 80 G donation & only interest receipt utilisation. Whether any problem in depositing the 80G donation as fixed deposit. please help me
26 August 2011
There is no problem if donation ARE utilize FOR FD.
A trust accept 80 G donation and deposit it as fixed deposit and interest received on FD is utilised for charitable purpose
Its means you have fulfill the conditions of the law
A trust accept 80 G donation and deposit it as fixed deposit and interest received on FD is utilised for charitable purpose
Its means you have fulfill the conditions of the law
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Refund Annexure-B
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Liable to deduct tds and 44ADA
- Payment to foreign customer
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- Subscription paid to foreign customer
- Non issue of e way bill
- ECO SUPPLY REPORTIONG IN GSTR-1
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS PROCEDURE ON SALE OF IMMOVABLE PROPERTY BY NRI
- Refund of 20%pre-deposit paid for stay application
- ASISSE return under the provisions of the Collection of Statistics Act, 2008 (7 of 2009)
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
