A Land Owner has Donated Land to a Trust having 12A and 80G Certificate,Trust paid him Registration Expenses of around Rs.50,000/- needed to transfer the land in the name of Trust Plus a amount of Rs.1 Lacs to Land Owner for Donation of Land as compensation.
Query:-
1.How is to be Shown in Trust Books.The Market value of Land as Valuation by Stamp Authority is around Rs.10 Lacs