Charitable Trust registered u/s 12- Tied up and in kind donation

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..... Charitable Trust registered u/s 12- Tied up and in kind donation
Query (Issue) Started By: - Sanjeev Sharma Dated:- 25-7-2010 Last Reply Date:- 1-8-2010 Income Tax
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Income Tax

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..... >1.If donation is in kind being a piece of land or ambulance and food items, how to account for them in books ?? and what is the tax treatment ?? 2.Is donation in kind or donation for capital assets .....

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..... are treated as Corpus donation? 3.How to account for donation for specified purposes – for capital items ( say land or ambulance) and for other trust objects, which are specified by donor- say for bo .....

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..... oks or for blood camp ?? And what is the tax treatment ? Reply By Surender Gupta: The Reply: May I request you to please put your own views to this query, how you look into this aspect and treating .....

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..... the same for the purpose of taxation.
Discussion Forum - Knowledge Sharing .....

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