#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
Section 12A Trust Registration Based on Proposed, Not Actual Activities: SC
Income Tax
Income Tax
Reassessment order passed without disposing objection raised by assessee not sustainable
Income Tax
Income Tax
SC Dismisses IT Dept’s Plea in Subros Educational Case
Income Tax
Income Tax
Section 11 Exemption Allowed Despite Audit Report Delay Within Extended Due Date
Income Tax
Income Tax
Revenue cannot deviate from prior years decisions without demonstrating change in factual matrix
Income Tax
Income Tax
Revision u/s. 263 quashed as no loss of revenue involved: ITAT Cuttack
Income Tax
Income Tax
Section 80G Approval: Error in Application Clause – ITAT Mumbai Remands for Reconsideration
Income Tax
Income Tax
No taxability on Lease Premiums and Rent collected as custodian of State Government
Income Tax
Income Tax
Charitable Trusts Registration & Violation Amendments in Budget 2025: FAQs
Income Tax
Income Tax
Society not entitled to exemption under sections 11 and 12 due to non-filing of return of income
Income Tax
Income Tax
No addition u/s 68 for long-term capital gain on sale of shares as independent investigation was not conducted by AO
Income Tax
Income Tax
Audit of a Trust in Form 10B/10BB: Filing Essentials
Corporate Law
Corporate Law
Adjudicating Authority should recall u/s 11 in case orders were obtained through Fraud
Income Tax
Income Tax
