Donation received in foreign currency

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Querist : Anonymous

Querist : Anonymous (Querist)

08 June 2015 Sir,
Is Donation received in foreign currency to Indian trust be exempted from I. Tax please clarify

Nikhil Kaushik (Expert)
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08 June 2015 exemption is not based on the currency in which the donation is received. What matters is 12AA registration and FCRA registration.

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