Donation giveb by Firm to any Trust
This query is : Resolved
08 December 2009
Dear Experts,
If there is a co.is registerd u/s 25 of the Co's act(as a Trust) & having 12A Certificate still to be recived from Income Tax Dept.
please let me know that the above company can take the donation from any partnership firm? if yes then what is the amount ??
If there is a co.is registerd u/s 25 of the Co's act(as a Trust) & having 12A Certificate still to be recived from Income Tax Dept.
please let me know that the above company can take the donation from any partnership firm? if yes then what is the amount ??
09 December 2009
The company can take donations from a partnership firm without any limit.
However; the partnership firm cannot claim any deduction u/s 80G till the certificate is produced by the company.
CA Rakhecha
Surat
However; the partnership firm cannot claim any deduction u/s 80G till the certificate is produced by the company.
CA Rakhecha
Surat
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