Taxation on donation from abroad
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 July 2014
Dear Sir,
I wish to clarify a doubt regarding Taxation on Donation received from abroad without registration/permission under FCRA by a charitable trust?
i.e. Is it possible to receive the donation from abroad without permission/registration under FCRA ?
If yes how it will be taxable in india in the hands of Trust?
What will happen if one of the donor remit the amount from abroad into the A/c of the Trust which does not get the approval under FCRA?
I wish to clarify a doubt regarding Taxation on Donation received from abroad without registration/permission under FCRA by a charitable trust?
i.e. Is it possible to receive the donation from abroad without permission/registration under FCRA ?
If yes how it will be taxable in india in the hands of Trust?
What will happen if one of the donor remit the amount from abroad into the A/c of the Trust which does not get the approval under FCRA?
01 July 2014
the ans is no......................................
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