Deemed corpus donation must be separately maintained and used only for renovation, with restricted investments and no re-grant. Deemed corpus donation permits sums received for renovation or repair of a notified place of worship to be treated as part of an organisation's corpus if ... Summary
Deemed corpus donation must be separately maintained and used only for renovation, with restricted investments and no re-grant.
Deemed corpus donation permits sums received for renovation or repair of a notified place of worship to be treated as part of an organisation's corpus if the donation is maintained as a separately identifiable corpus, applied only for the specified purpose, invested or deposited in permitted modes, and not applied for making donations to any person.
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