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Charitable trust

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(Querist)
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.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
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.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
09 March 2016 The ans is no..........
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