Querry :
Hello
If a charitable organisation running some vocational training and thereby selling it's product outside india. whether such receipt are treated as fcra receipt and credited to approved account only or eparately.
What will be the treatement of such receipt.
From B.K.Banka
Answer
It is an income from foreign source and is genrrtally taxable, unless established that it is part of the public charitable objectives of the trust / society.Regards,S. Dutt
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