Donation given by a charitable/ religious trust to another
This query is : Resolved
21 March 2013
Weather Donation given by a Charitable/Religious Trust to another Charitable/Religious Trust is allowed for Income Tax purpose. i.e. weather it is an application of funds???
21 March 2013
dear Nishu...
donation given by a charitable / religious trust to another registered charitable trust or trust covered under sec. 1023(C)is allowed as deduction u/s 11(1).
but if sec 11(2)/11(3) is applicable then donation to another charitable trust is not allowed.
donation given by a charitable / religious trust to another registered charitable trust or trust covered under sec. 1023(C)is allowed as deduction u/s 11(1).
but if sec 11(2)/11(3) is applicable then donation to another charitable trust is not allowed.
Message likes :
1 times
21 March 2013
Yes, deduction u/s 11(1)(a) can be claimed. Gujarat high court decision in Saraladevi Sarabhai Trust reported in 172 ITR 698 can be referred.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- F & O PROFIT REPORTING FOR AY 2026-27
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
