Form 10 for accumulation under section 11(2)
Rajesh P (17 Points)
15 October 2021or
form 10 is only applicable to incomes derived from property held under charitable trust(approved trusts/funds/ institutions) ?
Rajesh P (17 Points)
15 October 2021
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 17 October 2021
No. it is not applicable to institute under sec. 10(23C)( iiiab).
Read the explanation 2 under Sec. 11(2) .... for the institutes covered for form 10....
................ to any fund or trust or institution or any university or other educational institution or any hospital or other medical institution referred to in sub-clause (iv) or sub-clause (v) or sub-clause (vi) or sub-clause (via) of clause (23C) of sec. 10 or other trust or institution registered under Sec 12AA , being contribution with a specific direction that it shall form part of the corpus .............
Rajesh P
(17 Points)
Replied 17 October 2021
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 18 October 2021
Being governmental institute, I don't see any such requirements. Still your auditor may throw more light on all such requirements.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 18 October 2021
Being governmental institute, I don't see any such requirements. Still your auditor may throw more light on all such requirements.
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