Section 115 BBC
This query is : Open
07 July 2009
Q. What amendments made in the treatment of anonymous donation received by religious trust u/s 115 BBC ?
07 July 2009
Now Anonymuous donations received is exempt upto Rs. 1.00 lac or 5% of net income of trust .
07 July 2009
whichever is higher of above two.
08 July 2009
what is the "net income" for this purpose
"u/s 2(24)" or "GROSS RECEIPT" ?
"u/s 2(24)" or "GROSS RECEIPT" ?
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