#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
ITAT Mumbai Directs 12AB Registration for Church Established Without Formal Trust Deed
Income Tax
Income Tax
School Sections Cannot Be Split to Meet ₹1 Crore Section 10(23C)(iiiad) Limit: ITAT Mumbai
Corporate Law
Corporate Law
Participation in Earlier Arbitration Defeats Notice Objection: Delhi HC
Corporate Law
Corporate Law
Arbitration Act Section 11 Application Governed by Article 137; Dead Claims Not Referable: SC
Income Tax
Income Tax
ITR-7 Reporting Error Requires Fresh Examination of Section 11 Claim: ITAT Rajkot
Income Tax
Income Tax
30-Day Form 10B Delay Condoned on Genuine Hardship: Bombay HC
Income Tax
Income Tax
No Section 11 Exemption, but Can CPC Tax Every Rupee a Trust Receives?
Income Tax
Income Tax
Section 11 Exemption Cannot Be Denied Solely Because Final Registration Followed Return Filing
Income Tax
Income Tax
Anonymous Donation Addition Remanded for Donor Verification: ITAT Bangalore
Income Tax
Income Tax
Section 11 Denial Cannot Make Entire Trust Receipts Taxable: ITAT Bangalore
Income Tax
Income Tax
ITR-7 Selection Alone Cannot Establish Sections 11 and 12 Exemption: ITAT Jodhpur
Income Tax
Income Tax
Form 9A Filed Before Extended Due Date Valid for AY 2019-20: ITAT Mumbai
Fema / RBI
Fema / RBI
FEMA NOC Rejection Without Investigation Nexus Set Aside: Karnataka HC
Income Tax
Income Tax
