Just a moment...

Top
Help
AI Drafter

Generate professional replies to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.

Step 1 – Issue Identification & Review

The AI analyses your query, notice, order, or uploaded documents and identifies the key issues involved.

• Review the issues identified by the AI
• Add, edit, remove, or refine issues as required


Step 2 – Draft Generation

Once you approve the issues, the AI performs issue-wise legal research and prepares a structured draft response.

• Relevant statutory provisions
• Judicial precedents and Supreme Court, High Court and other citations
• Issue-wise legal analysis
• Practical arguments and supporting content
• Professionally structured draft ready for further review.

Try Now
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Corpus donation to Trust

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....orpus donation to Trust<br> Query (Issue) Started By: - DK AGGARWAL Dated:- 31-7-2020 Last Reply Date:- 1-8-2020 Income Tax<br>Got 2 Replies<br>Income Tax<br>Respected Madam/Sir Please guide if a Tru....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....st registered u/s 12A(a) can give corpus donation to other Trust out of the income received during the year.and the donee trust shall consider as Corpus and shall not be subject to Tax. Will it make ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....any difference if both the trusts are religious trusts by nature. Can Trust having the Corpus funds. give the corpus donation to other trust as corpus donation out of the corpus funds. If so, kindly ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....give reference in details. D K AGGARWAL Reply By Surjeet Singh: The Reply: No corpus fund cannot be utilized for other than primary activity of maintenance of Trust. Donation to religious/charitab....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....le trust registered u/s 12AA or sec 12(23C) will be treated as application of income under sec 11 if donation is made if made without violation of sec 40A(3). For any further tax related queries cont....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....act on 9905126744. Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: Cannot be done as advised by Shri Surjeet.<br> Discussion Forum - Knowledge Sharing ....