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Ask your queries or reply to others' queries => Discussion => Topic started by: Shubham Gupta on March 17, 2016, 01:09:02 PM

Title: corpus donation
Post by: Shubham Gupta on March 17, 2016, 01:09:02 PM
please if any member can help me
i've got a case in which a institution not registered u/s 12 has received a corpus donation of Rs. 50,00,000
the institution is also not attracting section 10(23)(c)
what will be the tax calculation
is there any way by which we can save the tax...???
Title: Re: corpus donation
Post by: Shubham Gupta on March 17, 2016, 01:11:23 PM
please as the matter is urgent for me
can anyone help me out..... ?????
Title: Re: corpus donation
Post by: camanoj2104 on April 28, 2016, 08:38:43 PM
IF U FILE ITR 7 THE CPC WILL LEVY TAX ON MMR ON THE ENTIRE CORPUS DONATION
CA MANOJ GUPTA
JODHPUR
09828510543