Thursday, September 25, 2014

[aaykarbhavan] Donation by one charitable trust to other charitable trust amounts to application of income



Donation by one charitable trust to other charitable trust amounts to application of income

September 25, 2014[2014] 49 taxmann.com 45 (Mumbai - Trib.)/[2014] 30 ITR(T) 705 (Mumbai - Trib.)
IT : In order to obtain approval under section 80G(5), donation made by a charitable trust to other charitable trusts/institutions amounts to application of income within meaning of section 11(1)(a)
 
Regards
Prarthana Jalan


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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


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