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


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