Menu
trust wholly created for charitable and religious purpose
as per IT act public trust made for charitable purpose can accumulate 15% of its total income in its corpus . now my query is that is there any time limit in which such accumulated profit should be used.
Replies (1)
No.
Recent Threads
- How to split freelance project income with a frien
- 194a for A y 2024-25
- Compensation & Benefits
- SAC code and GST rate transport services for anima
- Section 44AB is Gone — How Different is Tax
- Capital Gains from Cancelled Residential Project
- Import of goods data in IMS
- GSTr 9 24-25
- Change HSN
- TDS ISSUE ( DIFFERENT SECTION )
Related Threads
CAclubindia
