#section 11
Log in to FollowIncome received from a charitable/religious trust will be tax-exempt under Section 11, provided that the activity being performed is incidental to the attainment of objectives set by the trust/institution, and separate books of account are maintained by the particular trust/institution pertaining to the business. In this article, we look at some of the major exemptions provided under Section 11 of the Income Tax Act.
Income Tax
Income Tax
Section 234E Late Fee for FY 2012-13 Invalid Despite Correction Statement Processed in 2021: ITAT Pune
Income Tax
Income Tax
Belated Form 10: ITAT Directs Condonation Route for ₹4.47 Crore Accumulation Claim
Income Tax
Income Tax
ITAT Bangalore: Form 10AB and Governing Objects Require Examination of Trust Classification
Income Tax
Income Tax
Section 13(1)(d) Violation Cannot Deny Section 11 Exemption on Entire Income: ITAT Delhi
Corporate Law
Corporate Law
Section 11 Court Must Limit Inquiry to Existence of Arbitration Agreement: SC
Income Tax
Income Tax
Minimal Form 10B Delay During COVID Period Cannot Deny Section 11 Exemption: ITAT Mumbai
Income Tax
Income Tax
CIT(A) Must Decide Section 143(1) Appeal Despite Pending 12AB Registration: ITAT Bengaluru
Income Tax
Income Tax
Section 143(1) Demand Cannot Survive After Merger With Section 143(3) Assessment: ITAT Delhi
Income Tax
Income Tax
22-Day Delay in Form 10B Filing Does Not Bar Section 11 Exemption: ITAT Panaji
Income Tax
Income Tax
Section 13 Violation Does Not Forfeit Entire Trust Exemption: Madras HC
Income Tax
Income Tax
Technical Error Cannot Defeat Section 12AB Renewal: Mumbai ITAT
Income Tax
Income Tax
Marine Engineering Training Is Education: ITAT Restores Section 11 Exemption for Four Years
Income Tax
Income Tax
Mixed Charitable-Religious Objects Do Not Bar Section 12AA Registration: Madras HC
Income Tax
Income Tax
