What are “corpus donations”? Are they taxable in the hands of a charitable or religious trust or institution?

Question

What are “corpus donations”? Are they taxable in the hands of a charitable or religious trust or institution?

Uma asked over 5 years ago

3 Answers

Important Note – Preparing for CA Final?

CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better.

Watch Sample Video Now by clicking on the link(s) below –

CA Final video lectures online & in Pen Drive/ DVD

For any questions Request A Call Back

veeru · Answer 1 · 2016-02-27 10:24:54 UTC

Such donations are fully exempt from tax under Section 11(1 )(d) of the Act.

veeru · Answer 2 · 2015-11-27 07:03:11 UTC

Income in the form of voluntary contributions made with a specific direction from the donor that they shall form part of the corpus of the trust or institution, are generally referred to as “corpus donations”.

lochan · Answer 3 · 2015-11-26 12:54:54 UTC

Income in the form of voluntary contributions made with a specific direction from the donor that they shall form part of the corpus of the trust or institution, are generally referred to as “corpus donations”. Such donations are fully exempt from tax under Section 11(1 )(d) of the Act. Thanks

Congratulations!

What are “corpus donations”? Are they taxable in the hands of a charitable or religious trust or institution?

Want to advertise with CAKART?

Want to sell your Video Courses / Books on CAKART?

Congratulations!

What are “corpus donations”? Are they taxable in the hands of a charitable or religious trust or institution?

CAKART would like to make you Super Knowledgeable!