FACTS OF THE CASE ABC Co-operative Housing Society Ltd (“Society”) is a 50 years old building constructed on a freehold land situated at Dadar, Mumbai consisting of 20 members. Due to the dilapidated condition of the building Society handed-over the development rights...
Introduction While there are many resources available to define the treatment of donations received by Charitable Trusts and NGOs, there is still ambiguity over the treatment of donations received by a body corporate. Let us assume that a company is engaged in the...
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