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CA Chintan Parikh (Querist)
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11 January 2012 What is Meaning of income liable to contribution under The Bombay Public Trust Act,1950 Schedule ixc (vide Rule 32)

CA Prashant Gupta

CA Prashant Gupta (Expert)
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14 January 2012 The Income liable to contribution means, donation or other income of trust which is not received for any specific purpose. Any corpus donation or fund received for any specific purpose cannot considered as contribution. while any other income is liable for contribution.

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Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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18 July 2023 "Sorry, I am not a featured member."

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