#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.
Goods and Services Tax
Goods and Services Tax
Attaching pension account for recovery of dues is violative of section 11 of Tamil Nadu Pension Act
Income Tax
Income Tax
Application for registration u/s. 12AB restored to CIT(E) as discrepancies are curable in nature
Income Tax
Income Tax
Exemption u/s. 10(23C)(v) granted as Form No. 10BB filed before completion of assessment proceeding
Income Tax
Income Tax
ITAT allows relief where Form 10B uploaded after return filing but before appellate adjudication
Income Tax
Income Tax
Section 11 Exemption valid Despite Late Form 10B Filing if filed before Section 143(1) order issuance
Income Tax
Income Tax
Denial of exemption u/s. 11 set aside as advances given doesn’t violate section 13(1)(d): ITAT Mumbai
Income Tax
Income Tax
Late Form 10B Filing Doesn’t Deny Section 11 Exemption: ITAT Dehradun
Income Tax
Income Tax
Retrospective Cancellation of Registration u/s 10(23C)(vi) was Invalid: ITAT Indore
Income Tax
Income Tax
Non-Commencement of Activities Not a Valid Ground to Deny 12AB Registration
Income Tax
Income Tax
Trusts Can Claim Section 11 Exemption Despite Late Form 10B Submission
Income Tax
Income Tax
Name change with a new PAN requires fresh Section 12A registration for tax exemption
Income Tax
Income Tax
Section 12AB Registration Denied: Trust’s Activities Restricted to Specific Religious Community
Income Tax
Income Tax
Section 11 Exemption Denied for Microfinance-Focused Entity: Madras HC
Income Tax
Income Tax
