Donation given by a charitable/ religious trust to another
This query is : Resolved
Nishu Jain
(Querist)
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???
CA. PIYUSH GOEL
(Expert)
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.
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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.
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