[Ipss] Bank accounts and invoices

Sreekanth S Rameshaiah sree at mahiti.org
Tue Jul 6 14:46:32 CEST 2010


On 6 July 2010 13:32, Noufal Ibrahim <noufal at gmail.com> wrote:

> JAGANADH G <jaganadhg at gmail.com> writes:
>
>
> [...]
>
> > Is there any rule like that "Any amount payed to the society is excepted
> > from Tax by so and so rules "
>
> If its a donation, then there is no tax liability to the donor/ sponsor
Regards,
- sree
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