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Is it compulsory for the charitable institutions to disclose details of appropriation of income?

April 26, 2017appropriation charitable compulsory disclose income Institutions

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Is it compulsory for the charitable institutions to disclose details of appropriation of income?

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Charitable institutions exempted from taxation have to file the self-assessed property tax returns which should contain details of the charitable institution. If officers come to know regarding any fraud taken place in the name of charity, they can impose tax on enquiry.