Charitable trust

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Prashant lakkad (Querist)
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03 January 2014 what is the tax liability when trust received any property from contribution(contribution in kind) trust registered u/s 12A.

CA Chandrasekaran.S.R (Expert)
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04 January 2014 In case of trust capital expenditure is also considered as revenue expense.that means there is no issue.ideally capitalize the asset.

CA Chandrasekaran.S.R (Expert)
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04 January 2014 In case of trust capital expenditure is also considered as revenue expense.that means there is no issue.ideally capitalize the asset.

CA Chandrasekaran.S.R (Expert)
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04 January 2014 In case of trust capital expenditure is also considered as revenue expense.that means there is no issue.ideally capitalize the asset.

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