Income of charitable trust taxed @ 30%

rishabhsharma (Article Assistant) (140 Points)

28 March 2019  

Charitable Trust has income of rs. 2,00,000  from other sources. Since aggregate income is less then slab rate, tax will be nil.

Department has calculated Aggregate income rs. 2,00,000 and Charging tax @ 30% on such income.

can anyone please explain the reason of taxing income @ 30%.

Thanks.