society registred in telangana society act 2001, now society received donation from non member is it taxable or not actually donation is received from abroad
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Donation received by society
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A society registered under the society registration Act can avail the donation very easily.
DONATION IS TAXABLE OR NOT BECAUSE SOCIETY NOT OBTAINED 80G CERTIFICATE
DONATION IS TAXABLE OR NOT BECAUSE SOCIETY NOT OBTAINED 80G CERTIFICATE
Read more at: https://www.caclubindia.com/forum/donation-received-by-society-587804.asp?offset=1#reply
Sec 12AA PROVISIONS AEE THERE. PROPER DISCLOSURE are required.
Exemption is applicable subject to certain conditions.
Exemption is applicable subject to certain conditions.
Firstly society have to registered under foreign contribution act to receive donation from abroad
There is no foreign contribution Act.
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