SECTION 11 AND 12 ON INCOME TAX ACT, 1961?
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Sec 11 is a section where trust who is regestered u/s 12A is getting exemption. Under Section 12, all the contributions received by a religious or charitable trust etc is treated(deemed) as income from property of the trust. Check this site: เธเธฒเธเธฒเธฃเนเธฒเธญเธญเธเนเธฅเธเน
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Tax act shall be deemed to be part of the income. Section 12 deals with voluntary contributions other than received with a specific direction that they shall form part
The provisions of section 11 and section 12 shall not apply in ... (b) where the total income of the trust or institution as computed under this Act ... by baby oil
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Income from property held for charitable or religious purposes 2.
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