Where it is written - Donation to another charity with similar objects is considered as an application of income for charitable or religious purposes.
Menu
Donation to other charitable trusts
Replies (1)
If a charitable trust 'A' gives donation to another charitable trust which has same object of charity. in that case the donation of trust 'A' is considered as application of money as of self.
Recent Topics :
- Late Fees and Interest
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
- Running a CSC Center, Maha E-Seva Kendra, Setu Ken
- GSTR-9 Table 8A issue
- CA Inter Coaching institutes at Hyderabad
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
- Invoice made but goods not sent
Related Topics :
CAclubindia
