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Donations to Society Exempt from Taxation u/s 11, Even Before Section 12AA Registration; Classified as Corpus Funds.

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Full Text of the Document

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....Exemption u/s 11 - Corpus donation receipt - the donations/voluntary contributions received by the appellant society are outside the taxations, even for the period prior to its registration u/sec. 12AA. - the donations/voluntary contributions received by the appellant society are of Corpus and Capital nature, same are to be treated as exempt from tax liability - AT....