Bharat A Practical Approach to Taxation and Accounting of Charitable Trusts, NGOs & NPOs By CA. (Dr.) N. Suresh Edition September 2024

Bharat Taxation Accounting of Charitable Trusts NGOs By CA N Suresh

Bharat Taxation Accounting of Charitable Trusts NGOs By CA N Suresh

This book deals with the provisions of the applicable laws and accounting aspects of Charitable Trusts or Institutions, NGOs and NPOs. In this book, an attempt has been made to bring the discussion in a most lucid style with immense clarity. The concepts have been well defined and brought out in a simple manner for easy understanding.

The book fulfils the need for a book that blends theory and practice. To harmonise both theory and practice is a science and an art. The theory and practice go well with the principles. Interaction with various stakeholders and practical exposure in handling complex cases over the years has provided the authors the skill and knowledge to bring out a comprehensive blend of theory and practice on this subject. This book comprehensively deals with not only the laws concerning the Charitable Trusts or Institutions, NGOs and NPOs but also, practical aspects and application of the statutory provisions and accounting. It has been demonstrated through illustrative examples for better understanding.

The key areas covered in this book are Role of NGOs & NPOs; Transfer of Income without Transfer of Assets; Charity and Charitable Purpose; Formation and Management; Registration and Procedure for Registration; Breach of Trust and Rectification of Trust Deed; Income and Application of Income; Forfeiture of Exemptions; Voluntary Contributions (Donations); Business held in trust; Donor’s Benefit; Capital Gains for Charitable Trusts or Institutions; Method of Accounting, Audit of Accounts of Charitable Trust, Assessment of Charitable Trusts or Institutions; Taxation; Income Excluded; Corporate Governance; FCRA, International Activity, Liaison and Branch Office; Specimen Deeds; GST and Corporate Social Responsibility.

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