Assessment of Charitable Trusts and Institutions – A Ready Referencer

Many Non Governmental Organizations spread across the world are supplementing the efforts of the governments in promoting social welfare and economic development. Tax administrations have also recognized the voluntary efforts of these NGOs and provided tax incentives to those engaged in charitable activities. The present booklet under ‘Tax Payer Information Series’ is an attempt to educate the taxpayers in NGO sector, be it a public trust or association or other non-profit entity, of the reliefs provided under the Income Tax Act, 1961 for charitable activities. Apart from explaining the concept of ‘Charitable Purposes’, the booklet has also touched upon the procedure for registration, assessment, denial of exemptions are denied, incentives given to the donors of the trust etc.

The book released by CBDT on Assessment of Charitable Trusts and Institutions Contains the following topics :-

1. Introduction

2. Administrative Structure and Authorities

3. Charitable Purpose

4. Registration of Trusts & Institutions

5. Assessment of Income of a Charitable  Trust or Religious Trust or Institution

6. Forfeiture of Exemption and its Consequences

7. Approval under Section 80G(5)

8. Approval of Award or Reward under Section 10 (17A)

9. Approval under Section 10(23C)

10. Notification under Section 35(1)(ii)/(iii) and Exemption under Section 10(21)

11. Frequently Asked Questions (FAQs)


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Categories: Income Tax

View Comments (6)

  • Dear Sir/Madam,

    I would like to buy the book (Hardback) "Assessment of Charitable Trusts and Institutes". Is it available in the market ?, please let me know.

    Thank you in advance,


  • Good ,informative to all professionals
    CA. Subhash Chandra Podder , FCA

  • Sir,

    I want to know that if want to start adventure boat business in lakes ( i.e to purchase boats and apply in lake) i want to know that either SERVICE TAX will be applicable on it or not. and if yes than what will be the rate

    Ajay Kumar

  • Dear Mr. Ajay Kumar,

    Carriage of passengers in following cases are exempt:
    Service relating to transportation of passengers with or without belongings:
    a. A stage carriage.
    b. Railways in a class other than first class or AC Coach
    c. Metro, monorail or tramway.
    d. Inland waterways.
    e. Public transport, other than predominantly for tourism purpose, in a vessel between places located in India. Services by way of giving on hire motor vehicles to State transport undertakings are not covered in the negative list. However, such services meant to carry more than 12 passengers provided to State transport undertaking is exempt.
    f. Metered cabs, radio taxis or auto rickshaws.

    Please see whether the services of providing boat in lakes are covered in the above mentioned exempt services. If it is not so, it will be taxable on gross receipt basis since there is no notification for any abatement in this regard.

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