#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 11 Exemption Restored as Section 13 Violation Not Established: Telangana HC
Income Tax
Income Tax
ITAT Mumbai Restores Section 12AB Registration of Pre-1961 Trust
Income Tax
Income Tax
Section 12AB Registration Cannot Be Cancelled for Alleged Financial Irregularities Alone: ITAT Delhi
Income Tax
Income Tax
ITAT Delhi Quashes Section 12A Registration Cancellation for Lack of Jurisdiction
Income Tax
Income Tax
Section 12A Registration Cancellation Quashed for Lack of Jurisdiction: ITAT Delhi
Income Tax
Income Tax
Skill Development Institution Qualifies as ‘Education’; Section 12AA/12AB Registration Restored: Pune ITAT
Income Tax
Income Tax
Unregistered Charitable Trust Can Claim Section 57(iii) Deduction Against Gross Receipts: ITAT Mumbai
Income Tax
Income Tax
Anticipatory Bail to Former IAS Officer was dismissed as there was possibility of tampering evidence in corruption case
Income Tax
Income Tax
Delayed Form 10B Filing Not Ground to Deny Section 11/12 Exemption: ITAT Surat
Income Tax
Income Tax
Section 11 Exemption Cannot Be Denied as Form 10B Was Filed Before Return Processing: ITAT Jaipur
Income Tax
Income Tax
ITAT Quashes Section 143(1) Order for Failure to Issue Mandatory Prior Intimation
Income Tax
Income Tax
Section 263 Revision Invalid if CIT Failed to Show Assessment Was Erroneous
Income Tax
Income Tax
Payment to Trustees Alone Doesn’t Violate Section 13(1)(c): ITAT Bangalore
Income Tax
Income Tax
