Hi All, this is Vignesh Raghavan. I have a Query whether disallowance of any expense is done in Case of an Educational trust. So Please kindly clarify the same.
Vignesh Krishnan (Article Assistant) (106 Points)
29 January 2015Hi All, this is Vignesh Raghavan. I have a Query whether disallowance of any expense is done in Case of an Educational trust. So Please kindly clarify the same.
Rajagopalakrishnan R
(PARTNER)
(1422 Points)
Replied 29 January 2015
Vignesh Krishnan
(Article Assistant)
(106 Points)
Replied 03 February 2015
Sir, Thank U for addressing my query first. For |instance assume that trust has paid Rs.100000 to some party as priofessional fees. But the TDS under section 194J has not been deducted on above. Whether Such Professional Fees be disalllowed in the books of a trust.