Can Baddebts Written off in case of an Educational Trust be claimed as "Application of Income for Charitable Purposes in India" for the purpose of Section 11 of the Income Tax Act 1961?
The Trust is registered under 12AA & 80G.
Menu
BAD DEBTS WRITTEN OFF IN CASE OF EDUCATIONAL TRUST
Replies (2)
This bad debts can be written off under any circumstances.
Bad written off can't be considered as application of income for trusts
Recent Topic
- INCOME TAX DEPARTMENT: DOUBLE STANDARDS
- ITR-4,under presumptive Taxation
- TDS data mismatch with SFT
- Resale of under construction Residential Flat part
- What would be my Salary
- Damage good
- INCOME TAX RETURN
- Form 10E doubt
- LTCG on property sale after 24jul2024
- Should we mention NET INCOME or GROSS INCOME in i
Related Topics
CAclubindia
