Charitable trust

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Querist : Anonymous (Querist)
14 August 2015 There are separate individual charitable homes, if one home gets closed and the money is being transferred to the main home, which will be utilized for the opening of another charitable home in the future. How it is to be treated as a revenue income or capital receipt.

14 August 2015 What was the treatment when you opened this so called charitable HOME? You can apply the same rule.
Your view please.


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