Trust received amount under CSR from company and the same is donated to anther trust.

CA. Kasi Reddy Nallappa Reddy (Chartered Accountant) (153 Points)

17 September 2019  

Dear Sir/Madam,

We are registered Trust (A) and have 80G and 12A approval from Income Tax Department. We have received some amount from the another trust(B), on specific directions to train few people, on project completion basis. The another Trust received money from a company(X) for the CSR purpose.

Kindly clarify whether, amount received by the trust (i.e.A), should be treated as Donation or Business Income.

Thanks