Charitable trust

This query is : Resolved 

09 March 2016 Can any one replay, few items a charitable trust can utilize with 15% own share of income after 85% charity target achieve.

09 March 2016 15% can be accumulated. as deposits in banks and can be utilized for the objects of the trust and not for any benefits of the trustees.

09 March 2016 The ans is no..........




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries