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Corpus Donation - Income TaxExtract Respected Sir A Religious Trust registered under 12AA wish to give Corpus donation to other religious trust registered u/s 12AA and my query is as under 1 Is there any way so that main trust A can give Corpus donation to other B trust out of the following funds FDRS funds Interest from FDRs Rental income Old corpus funds carried forward If the answer is YES, kindly confirm under which section AND, If answer is No, please inform if normal donation is given bt trust A to other trust B and money is not spent fully by donee Trsut B, then whether unused/unutilized money after 15% deduction, shall be taxed at slab rate or at maximum rate. Please respond asap Regards D K Aggarwal
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