Question And Answer | |
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Subject: | trust without 12A |
Category: | Income-Tax |
Querist: | bks |
Answered by: | Law Intern |
Tags: | charitable trust, Trust |
Date: | April 15, 2025 |
can they claim expenses incurred for object against income even if treated as AOP ?
No. If the trust is not registered under Section 12A, only the expenses incurred for earning the income can be claimed as a deduction. Expenses incurred for charitable objects cannot be claimed.
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