#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
Delay Alone Cannot Defeat Section 80G Approval, ITAT Orders Fresh Review
Income Tax
Income Tax
ITAT Allows Excess Application Set-Off Because Books of Account Establish Charitable Expenditure
Income Tax
Income Tax
ITAT Sets Aside 12AB Registration Rejection Due to Absence of Specific Statutory Violation
Income Tax
Income Tax
Missing Original Section 12A Certificate Cannot Deny Section 12AB Registration: Mumbai ITAT
Corporate Law
Corporate Law
Section 29A Extension Must Be Filed Before Statutory Court, Not Appointing Court: SC
Income Tax
Income Tax
Bangalore ITAT Upholds Section 11 Exemption Despite Alleged Capitation Fee Collections
Income Tax
Income Tax
Gross Receipts Cannot Be Taxed if Charitable Expenditure Was Undisputed: ITAT Delhi
Income Tax
Income Tax
Revenue Appeal Dismissed as Later CBDT Circular Allowed Delay in Filing Form 10B
Income Tax
Income Tax
ITAT Quashes Assessment as Final Order Was Passed Beyond Section 144C(13) Time Limit
Income Tax
Income Tax
Section 263 Revision Invalid as AO Had Already Examined Key Issues: ITAT Visakhapatnam
Income Tax
Income Tax
Section 12AA Registration Benefit Allowed as Assessment Was Pending: ITAT Agra
Income Tax
Income Tax
CPC Cannot Deny Section 11 Exemption for Delayed Form 10B in Section 143(1) Processing: ITAT Kolkata
Income Tax
Income Tax
Trust’s Conference Hall Rental Income Taxable as Business Income: ITAT Delhi
Income Tax
Income Tax
