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Settlor

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(Querist)
06 June 2021 There is charitable trust formed by pvt ltd. co. and intial amount donated as settlor.

I have treated this as an indirect expense in charity & donation

Is this right or need to rectify
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
24 September 2021 Depends upon the amount donated, and respective treatment in the books of the trust.

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