Itr_7
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 September 2015
MEANING OF CORPUS FUND?
IS GRANT RECEIVED FORM CORPUS FUND?
IS GRANT RECEIVED FORM CORPUS FUND?
30 September 2015
Corpus is something similar to Capital in case of other organisation.
In the case of trust, it is called as corpus. It is permanent in nature and not allowed to be withdrawn without the prior permission.
In the case of trust, it is called as corpus. It is permanent in nature and not allowed to be withdrawn without the prior permission.
30 September 2015
If grant is received for a 'specific purpose' supported by documentary evidence to that extent, it forms CORPUS FUND.
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