#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
Sponsor Publicity Does Not Convert Charitable Event Into Business: ITAT Mumbai
Income Tax
Income Tax
Delay in Form 10B Filing Cannot Deny Section 11 Exemption to Trust: ITAT Panaji
Income Tax
Income Tax
30% Ad Hoc Purchase Disallowance Without Evidence Deleted by ITAT Agra
Income Tax
Income Tax
ITAT Bengaluru: Club Receipts Not Taxable in Lump Sum After Mutuality Is Accepted
Income Tax
Income Tax
Section 148 Return Cannot Support Fresh Section 11 Exemption Claim: ITAT Chandigarh
Income Tax
Income Tax
BSE Investor Protection Fund eligible for Section 11 & 10(23EA) Relief: ITAT Mumbai
Income Tax
Income Tax
Gujarat HC Allows Sections 11 and 12 Exemption to Gujarat Housing Board
Income Tax
Income Tax
ITAT Chennai Allows Section 11 Exemption Despite 31-Day Delay in Form 10B
Income Tax
Income Tax
29-Day Form 10B Delay Cannot Deny Section 11 Exemption: ITAT Chennai
Income Tax
Income Tax
Belated Form 10B Before CPC Processing Sufficient for Section 11 Exemption: ITAT Chennai
Income Tax
Income Tax
FDR Investment Is Not Application of Charitable Income: ITAT Chandigarh
Income Tax
Income Tax
ITAT Nagpur Rejects MMR for Charitable Society with No Member Beneficial Interest
Income Tax
Income Tax
No Irrevocability Clause Cannot Alone Defeat Section 12AB Renewal, Says ITAT Mumbai
Income Tax
Income Tax
