#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
Belated Form 10B Is a Curable Procedural Defect: ITAT Ahmedabad Condones Delay and Restores Sections 11–12 Exemption
Income Tax
Income Tax
Environmental Trust’s Contractual Receipts Held Charitable: Section 11 Exemption allowed
Income Tax
Income Tax
Income Tax Assessment Quashed as Final Order Was Passed Beyond Statutory Limitation: ITAT Delhi
Income Tax
Income Tax
ITAT Chandigarh Allowed Section 11 & 12 Exemption as Registration Cancellation Was Set Aside
Income Tax
Income Tax
Section 11 Exemption Allowed Despite Late Audit Report Filing Due to Procedural Nature
Income Tax
Income Tax
Section 143(1) Adjustment Quashed for Wrongly Denying Section 11 Benefit
Income Tax
Income Tax
Wrong Assumption of Section 12AB Cancellation Vitiates Assessment: ITAT Visakhapatnam
Income Tax
Income Tax
8-Year Delay Condoned in 143(1) Intimation Appeal: ITAT Surat Restores Trust’s Case to CIT(A) for Merits Adjudication
Income Tax
Income Tax
Final Assessment Passed Beyond Limitation is Invalid: ITAT Delhi
Income Tax
Income Tax
Exemption to Gujarat Trust Cannot Be Denied for Late Form 10 Filing: Gujarat HC
Income Tax
Income Tax
Section 11 Exemption Can’t Be Denied for Delay in Filing Form 10B: Gujarat HC
Income Tax
Income Tax
Section 11 Exemption Allowed Despite Delay in Form 10B Filing: Gujarat HC
Income Tax
Income Tax
Old Trust Can’t Be Denied 5-Year Registration Due to Portal Technical Glitch: ITAT Chennai
Income Tax
Income Tax
