FD interest of Charitable trust
Amaresh Mondal (72 Points)
27 August 2022
Interest income on FD of charitable Trust taxable under which head.
3 Replies
Sai Allu
(754 Points)
Replied 27 August 2022
Interest on fixed deposits (FDs) earned by the Chembur-based Bombay Presidency Golf Club ... The club is registered as a charitable trust.
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