Harish Chandra (CA (Final) Student & Doing Job in a CA Firm) (1646 Points)
04 July 2011Can anyone Share Provision for Charitable Trust Under Income tax (Section 10-13 )
Regitration procedure for Trust
Account maintainance
Audit Procedure
Exemption to various trust
And other provision
CA Rajesh Keshri
(CA)
(175 Points)
Replied 04 July 2011
CA Rajesh Keshri
(CA)
(175 Points)
Replied 04 July 2011
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 04 July 2011
| Originally posted by : rajesh keshri | ||
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Every trust is required to apply 85%of total income for capital or revenue expense & balance 15% after deduction of admnstration expense can be retained permanently |
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agreed
CAclubindia
