https://www.taxtmi.com/forum/issue?id=120895 A charitable trust registered under section 12AB and approved under section 80G may treat a non-corpus donation in kind received as a capital asset as income, and its appropriation for charitable use may be regarded as application of income under section 11(1)(a). Actual cash outflow is not necessary if the asset is deployed for the trust's charitable objects. en-us Fri, 01 May 2026 16:03:24 +0530 Fri, 01 May 2026 17:50:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120895 A charitable trust registered under section 12AB and approved under section 80G may treat a non-corpus donation in kind received as a capital asset as income, and its appropriation for charitable use may be regarded as application of income under section 11(1)(a). Actual cash outflow is not necessary if the asset is deployed for the trust's charitable objects. Discussion-Forum Income Tax Fri, 01 May 2026 16:03:24 +0530 https://www.taxtmi.com/forum/issue?id=120895