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Corpus donation to Trust - Income TaxExtract Respected Madam/Sir Please guide if a Trust registered u/s 12A(a) can give corpus donation to other Trust out of the income received during the year.and the donee trust shall consider as Corpus and shall not be subject to Tax. Will it make any difference if both the trusts are religious trusts by nature. Can Trust having the Corpus funds. give the corpus donation to other trust as corpus donation out of the corpus funds. If so, kindly give reference in details. D K AGGARWAL
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