Easy Office
LCI Learning

Charitable trust of old age home

This query is : Resolved 

21 May 2024 Old age home Trust is receiving a consideration from guardians (of that old age people). Is that consideration treated as Donation? If yes what if that donation returned to donee.

22 May 2024 unless it is voluntary, it is not considered as donation. It needs to be accounted as receipts incidental to the attainment of the objectives of the organization.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries