Charitable activities
This query is : Open
05 December 2013
Dear sir,
The organisation is carrying municipal solid waste management activities and registered under socieity registration act 1860 and having 12AA registration.
Q1 - These solid waste collection and transportation activities is coming under Charitable activities under preservation of environment the fifth categories of definition u/s 2(15). Gross receipt is more than 20 Crore
Q2- Can it be allowable u/s 11 of the IT Act or will be treated as a businees u/s 11(4A)
The organisation is carrying municipal solid waste management activities and registered under socieity registration act 1860 and having 12AA registration.
Q1 - These solid waste collection and transportation activities is coming under Charitable activities under preservation of environment the fifth categories of definition u/s 2(15). Gross receipt is more than 20 Crore
Q2- Can it be allowable u/s 11 of the IT Act or will be treated as a businees u/s 11(4A)
05 December 2013
Charitable trusts allows to get 15% exemption and c/f for next year.
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