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Income tax


Roshni (Student CA Final )     24 January 2020

Roshni
Student CA Final  
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Trust - Donation Taxability

Trust received Donation
Donation received is in invested in purchasing Property.
so the Property purchased is given on Rent. Whether the Rent Received is subject to tax and under which section??

avater

Roshni (Studwnt)     24 January 2020

Roshni
Studwnt 
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Trust income is subject to tax under section 12 of IT act

Roshni (Student CA Final )     24 January 2020

Roshni
Student CA Final  
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What will be the taxability of income for the above mentioned case.

avater

Roshni (Studwnt)     24 January 2020

Roshni
Studwnt 
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Normal rates

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avater

Kapadia Pravin   24 January 2020

Kapadia Pravin

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Great
Query and answer together 👍

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