pavel (student) (461 Points)
27 March 2019Hie.
what is the difference between charitable trust and trust running school....there is a school which is registered as s trust but it collects fees from students .what kind of trust it is.
Is this trust running school eligilbe of 85% exp and also for maintaining corpus fund
please explain ,
Regards,
Pavel
pavel
(student)
(461 Points)
Replied 27 March 2019
further i want to ask and know ....we are doing accounting in tally ..there is a surplus over expenditure ..where to tranfer this surplus corpus fund or where else ...can shcool tranfer the surplus amount to corpus fund and then create a FD of it.
CAclubindia
