Poonawalla fincorp
Poonawalla fincorp

Tax liability of charitable trust for A.Y. 2009-10

This query is : Resolved 
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(Querist)
15 December 2008 Hi,

I wish to know the taxation liability for Charitable trust on donation received/ donation for specific purpose

Ramesh Pathak
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CA Sanjeev Kr Jain

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CA Sanjeev Kr Jain (Expert)
24 December 2008 donation recd in corpus ie with specific direction of use is not taxable.

however if there is any donation where identily of donor is not available it is taxable

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