Availability of exemption in the hands of charitable trust

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ca
48 Points Posted on 14 July 2012

is there any availability of exemption in the hands of charitable trust for receipt of donation in cash?

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On 14 July 2012 at 16:09 Report
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Finance Manager
2720 Points Posted on 14 July 2012
There is exemption limit of Rs. 100000/-. Beyond this amt if any amt is received as anonymous donation, then it will be taxable @ 30% u/s 115 BBC
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On 14 July 2012 at 16:41

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