Can religious/charitable trust accept royalty?

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A trust has a property which they wanted to lease to a company in return of rent and royalty. Can they accept royalty?. If they can, whether it is taxable?
Replies (4)

yes you can accept if u r registered under 80G

yes you can accept if u r registered under 80G

But, what is the applicability of Sec 80 here. 

For a charitable institution Sec 11 and 12 is applicable. Right?


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