Trust donations

gulab (proprietor) (51 Points)

07 August 2017  

if a religious trust received a land as donation in year 2014. do donation of immovable property is considered as income of trust as it is a capital receipt? return is not filed as other donations revenue in nature are below the limit .land is used as place for religious teachingsi.e application for charitable/religious purposes. what can we do as return is not filed ? clarify do donation of immovable property form part of income