Computation of trust income
This query is : Open
31 March 2016
Suppose ,income are
Div on shares 125 lacs
Div on units 25 lacs
Long term CG on listed shares 300 lacs
Short term capital gain 20 lacs
Question is above gain are to be considered while computing 15% set aside and accumulation under sec 11(2).
Plz provide exact computation
31 March 2016
All the gains are to be considered while computing 85% spending towards charitable objects purpose and for accumulation calculation.
02 April 2016
plz provide computation....I think exempt cg u/s 10(38) how it can b considered in 85% portion...
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