Scope of Sec.11 in case of donation by one charitable to another.

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..... ects is application of income for charitable purposes in the hands of the donor trust, and the donor will not lose exemption u/s.11 of the I.T.Act, 1961 merely because the donee trust did not apply the donations towards the charitable purposes during the year of receipt itself. 2. The Receipt Audit have expressed doubts about the validity of these instructions and they were of the view this coul .....

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..... lified benefit to the donor trust u/s.11 where the application of income for charitable purposes is made through the medium of the donee trust. Before giving the benefit u/s. 11 if the facts and circumstances of the case require, the ITO has to be satisfied that the funds which have been donated to the donee trust will be utilised only for charitable purposes. 3. Board's Instruction No.1132 refe .....

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