Hie.
what is the difference between charitable trust and trust running school....there is a school which is registered as s trust but it collects fees from students .what kind of trust it is.
Is this trust running school eligilbe of 85% exp and also for maintaining corpus fund
please explain ,
Regards,
Pavel
further i want to ask and know ....we are doing accounting in tally ..there is a surplus over expenditure ..where to tranfer this surplus corpus fund or where else ...can shcool tranfer the surplus amount to corpus fund and then create a FD of it.
Karia Overseas
Ahmedabad
CA
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SSGS and Associates
Chennai
CA Inter
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