Charity Tax Calculation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 August 2010
If Trust gives donation to other charitable trust, is that Donation given is allowed as deduction for calculation of Income to be taken into account for calculation Charity tax payable by trust to Charity Commissioner.?
CA.Madhusudan B.P.
(Expert)
20 November 2010
The donation given the Trust to other trust, qualify as application of income. (treated as dedcution)
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