9911796707
TMI BlogIncome of trusts or institutions from contributionsX X X X Extracts X X X X X X X X Extracts X X X X ..... utions made with a specific direction that they shall form part of the corpus of the trust or institution) shall for the purposes of section 11 be deemed to be income derived from property held under trust wholly for charitable or religious purposes and the provisions of that section and section 13 shall apply accordingly.] 3[(2) The value of any services, being medical or educational services, m ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ause (c) or clause (cc) or clause (d) of sub-section (3) of section 13.] 4[(3) Notwithstanding anything contained in section 11, any amount of donation received by the trust or institution in terms of clause (d) of sub-section (2) of section 80G 5[in respect of which accounts of income and expenditure have not been rendered to the authority prescribed under clause (v) of sub-section (5C) of that ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y income of a trust for charitable or religious purposes or of a charitable or religious institution derived from voluntary contributions and applicable solely to charitable or religious purposes shall not be included in the total income of the trustees or the institution, as the case may be. (2) Notwithstanding anything contained in sub-section (1), where any such contributions as are referred ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ibutions made with a specific direction that they shall form part of the corpus of the trust or institution) shall for the purposes of section 11 be deemed to be income derived from property held under trust wholly for charitable or religious purposes and the provisions of that section and section 13 shall apply accordingly." 2. Numbered vide Section 9 of the Finance Act, 2000 w.e.f ..... X X X X Extracts X X X X X X X X Extracts X X X X
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