Voluntary contributions to charitable trusts deemed taxable as trust property income unless directed to corpus or compliant with utilisation rules. Voluntary contributions to trusts or institutions wholly for charitable or religious purposes (unless directed to corpus) are deemed income derived from property held under trust for charitable or religious purposes and governed by the provisions applicable to such income. The value of medical or educational services provided by such trusts to specified beneficiaries is deemed taxable income for the year provided, and donations failing prescribed utilisation or reporting conditions are also deemed income and chargeable to tax.