Trust audit

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is there any requirement to obtain pan while Receiving donations by rusts,if yes is there any specific limit and under what section it is necessary..
Thanking you,
Replies (3)

If donation is more than 50000/- pan require

but most important that trust should be register 

as per 12A 

 

 

Thank you sir,
under what section it is mandatory ?

12a if not register u r income treate as 

business income and tax will charge @ 30% 

on it 

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