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Acceptance of cash by unregistered trust under section 12aa

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(Querist)
21 March 2018 Is there any limit to accept cash by unregistered Religious Trust in AY 2017-18 (FY 2016-17)?
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
21 March 2018 if you are an unregistered trust, then you are not covered under 12AA. all other normal regulations under the act apply on you specifically 269ST
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Jamsheer

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Jamsheer (Querist)
22 March 2018 But sir Section 269ST is applicable from 1st April 2017 then what to do for FY 2016-17?
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
22 March 2018 I am sorry I read that part wrong. effect of late night surfing! yes it is applicable from AY 2018-19.

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