whats is the taxation of corpus donation received by a trust NOT registered under 12AA.
Will it be a taxable income??
or is it a capital receipt??
i am confused please help
veerendar singh (tax consultant) (3301 Points)
10 August 2021
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961