Head Of Income
This query is : Resolved
Guest
Guest
(Querist)
22 October 2010
Under Which head of income, income of Charitable Trust is charged to tax ?
Under Which head of income, income of Charitable Trust is charged to tax ?
22 October 2010
Head of income is similar to other assesee in case of trusr also. What is the nature of income, B/F, House property, cap gain, Other sources.
CMA Ramesh Krishnan
(Expert)
22 October 2010
Trust is not a business organisation, so their not coming under business income, other than that House property, Capital gain and other sources may come under gross total income
Guest
Guest
(Querist)
23 October 2010
Income from other sources
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