In the case of a charitable trust registered under section 12AA, which of the following investment is not contained in section 11(5) of the Act for keeping the unspent incomes of the trust ?
CS Executive · Tax Laws · PYQS · June 2021
In the case of a charitable trust registered under section 12AA, which of the following investment is not contained in section 11(5) of the Act for keeping the unspent incomes of the trust ?
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Income Tax
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