Tag: corpus donation

Corpus donation amongst exempt entities not to be considered application of income. Amendment to section 11 and 10(23C) from AY 2018-19

Corpus donation amongst exempt entities not to be considered application of income. Amendment to section 11 and 10(23C) from AY 2018-19 Budget 2017-18 : Restriction on exemption in case of corpus donation by exempt entities to other exempt entities As per the existing provisions of the Act, donations …
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