Charitable Trusts

Charitable Trusts November 4, 2016

Relief to certain charitable institutions or funds in respect of certain dividends

Chapter XVIII- Sec 236A Eligibility for Relief – Sec 236A(1) Where 75% of the share capital of any company is throughout the previous year beneficially held by an charitable institution which is exempt u/s 11, credit shall be given to the institution or fund against the tax, if any, payable by it, of a sum […]