TRUST
This query is : Resolved
04 May 2009
CAN A TRUST HAVING OR NOT HAVING 80G CAN OBTAIN DONATION IN CASH MORE THAN 20000?
05 May 2009
Yes, the restriction of cash transaction is not on receiving can, it is on making the cash payments. See rule 6DD.
06 May 2009
THANKS
06 May 2009
But it will treat as anemous donation and will attracted tax liability?
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