Charitable truststrusts
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 September 2013
Whether the amount invested in SB or Current account by a charitable trust is treated as amount invested u/s 11(5)
23 September 2013
as per section 11(5)(iii), deposit in any account with a bank shall be an eligible investment for the purpose of 11(5).
Not sure about the sums lying in the current account.
Not sure about the sums lying in the current account.
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