#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
Bombay HC Condones 430-Day Delay in Filing Form 10 for Section 11 Exemption
Income Tax
Income Tax
Delay in Form 10 Can’t Defeat Charity: ITAT Revives ₹1.28 Crore Section 11(2) Accumulation Claim
Income Tax
Income Tax
ITAT Upholds Section 12AB Rejection as Trust Deed Allowed Benefits Outside India
Income Tax
Income Tax
CBDT Delay Can’t Defeat Exemption Claim: ITAT Revives Section 10(46) Relief for Maharashtra Fee Regulator
Income Tax
Income Tax
Educational Trust Registration Renewal Cannot Be Denied Over Earlier Allegations
Income Tax
Income Tax
ITAT Mumbai Allows Section 11 Exemption as Rental Income Was From Trust Property
Income Tax
Income Tax
Section 263 Revision Invalid as AO Already Examined Accumulated Fund Utilization: Bombay HC
Income Tax
Income Tax
Delay in Filing Form 10B Not Grounds to Deny Section 11 Exemption When Report Was Filed Before Processing
Income Tax
Income Tax
100-Month Delay Condoned – ITAT Slams Gross Taxation, Says “Only Net Income Can Be Taxed”
Income Tax
Income Tax
Updated Return Can’t Kill Genuine Exemption – ITAT Allows Section 11 Relief Despite Delay
Income Tax
Income Tax
Delay in Filing Form 10 Cannot Alone Defeat Section 11(2) Exemption Claim: ITAT Visakhapatnam
Income Tax
Income Tax
Section 11 Exemption Allowed as Property in Trustees’ Names Held Not Beneficial to Them
Income Tax
Income Tax
ITAT Mumbai: Scholarship to Students Abroad Not Violation – 12AB & 80G Registration Granted
Income Tax
Income Tax
