Poonawalla fincorp
Poonawalla fincorp

Charity calculation

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 February 2016 Sir,
When you calculate the 85% of income for charity payments, does 85% include the administration
expenses of the trust like rent, salary, and other running costs. Can anybody replay me please.
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Gokul Sharma

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Gokul Sharma (Expert)
25 February 2016 All revenue exp included in 85% capital exp also included but if you are taking capital exp as applied you cannot take depreciation on those capital exp for applied portion.

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