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of <h1>Voluntary donations to charitable trusts treated as income when not corpus-directed; freebies and misused tax-deductible funds taxed.</h1> Voluntary contributions to a trust or institution established wholly for charitable or religious purposes (unless specifically directed to corpus) are treated as income from property for purposes of exemption under the charitable-income provisions; the rules of that exemption and related disqualifications apply. The value of medical or educational services provided free or at concessional rates to certain specified beneficiaries is treated as taxable income of the trust in the year provided. Donations received under specified tax-deductible provisions that lack prescribed account rendering, are misapplied, or remained unutilised instead of transferred for specified disaster relief by the statutory deadline are deemed taxable income.
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