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Amount of expenditure of previous year

Others 210 views 2 replies

What will be the amount to be mentioned in Report Form 10B Annexure Point No. 1

"Income of the previous year applied to charitable or religious purposes in India during the year",

if for example : 

Income is Rs. 1000.00

Expenditure is Rs. 1100.00

Rs. 100 excess application is from opening balance.

will it be Rs. 1100.00 or Rs. 1000.00

Replies (2)

Rs, 1000/- 

 

Thank You for the reply


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