Friends whether repayment of loan taken to construct building of charitable institution is application of income ?
Menu
Exemption for charitable institution
Replies (3)
Yes it is Application
Yes, it can be treated as an application of income
Thank you friends !! Will the actual expenditure at the time of deduction also be application ? Will we get double deduction ?
Recent Topics :
- Revocation of suo moto cancelled GST registration
- Is there any faculty taking chapterwise test in CA
- 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
Related Topics :
CAclubindia
