Tsd on donations
padmaja p
(Querist) 23 September 2021
This query is : Resolved
Sit, please let me know, is required to tds on donations paid to trust by donor.
Is there any provision on donations.
kavksatyanarayana
(Expert) 23 September 2021
It is not a legal query. However, if the trust having exemption of IT by a Donor, then no TDs levied on the donated amount. It is better to seek better advice from a local CA or post this query in CAclubindia.