Post by: Arnold Thomas in Income Tax
Budget 2020 - Changes to Charitable Trust and Institution The Finance Bill 2020 has come up with some of the major changes which tend to affect the Charitable Trusts and Institutions registered under Section 10(23C) of the Income Tax Act.…
Post by: Sreeram Viswanath in Income Tax Personal Finance
Taxation of Donations Received by Charitable Institutions This article provides a guide to Section 164(2). The section deals with taxability of income in relation to charitable trusts. The Income Tax Act groups the income of a charitable trust under one…
