Exemption for charitable institution
This query is : Resolved
21 June 2012
Friends whether repayment of loan taken to construct building of charitable institution is application of income ?
22 June 2012
No,The capital expenditure must have been accounted already
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
- Clarification on Monthly Reset of Invoice Serial Numbers under GST
- Income Tax Return under Old Regime for A.Y. 2025-26
- RENTAL INCOME-GST
- Regarding Confusion in ITC.
- TCS on travel expesnes
- When GST Audit required
- Charity and RCM
- HOW TO DOWNLOAD 26AS FOR A.Y. 2007-08.
- Strange tax problem
- Disturbing entry reflected in AIS increasing scope of notice u/s 69
- Form 67 FTC
- RCM invoice related
- Ginning machinery
- Will some one share me the excel for RCM on goods&services along with tax rate and claiming ITC with
- Clarification and Guidance Regarding ASMT-14 Notice and GST Registration Requirement
- GSTR1 query HSN B2C
- GST ON TRANSPORTATION CHARGES FOR THE TRANSPORTAION OF EXEMPTED PRODUCTS
- Eway bill Query 1
- Clarification Regarding Applicability of GST E-Invoicing
- How to add last year March invoice to current GSTr1 return
Trending Online Classes
-
Certification Course on GSTR-3B Reconciliation with GSTR-2B through AI Tools
CA Deepak Gupta15 July 2025
CAclubindia
