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corpus donation

Started by Shubham Gupta, March 17, 2016, 01:09:02 PM

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Shubham Gupta

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...???

Shubham Gupta

please as the matter is urgent for me
can anyone help me out..... ?????

camanoj2104

IF U FILE ITR 7 THE CPC WILL LEVY TAX ON MMR ON THE ENTIRE CORPUS DONATION
CA MANOJ GUPTA
JODHPUR
09828510543