#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.
Corporate Law
Corporate Law
Claims filed after approval of resolution plan cannot be allowed: NCLT Bengaluru
Income Tax
Income Tax
Jaipur Development Authority eligible for section 11 Exemption: Rajasthan HC
Income Tax
Income Tax
Exemption u/s. 80G eligible for construction of public library forming part of charitable function: P&H HC
Income Tax
Income Tax
Propagation of vedic thoughts and philosophy eligible for approval u/s. 80G: ITAT Bangalore
Goods and Services Tax
Goods and Services Tax
Purchase Price defined u/s. 2(18) of GVAT would not include Value Added Tax: Supreme Court
Income Tax
Income Tax
Reassessment alleging delayed filing of Form 10 without opinion of income escaped assessment untenable: Delhi HC
Income Tax
Income Tax
Appeal u/s. 377 of Cr.P.C. against inadequate sentence to be filed in Sessions Court: Karnataka HC
Goods and Services Tax
Goods and Services Tax
Screening Test & Medical Institution Accreditation Fees Taxable Under GST: Delhi HC
Income Tax
Income Tax
NIIT Foundation conducting systematic and formal instruction, schooling or training qualifies as education activities u/s 2(15)
Income Tax
Income Tax
Section 23 of Central Act exempts Advocates Welfare Fund from income tax: ITAT Chennai
Income Tax
Income Tax
Section 11(1)(d) Exemption allowable to Corpus donations received by trust
Income Tax
Income Tax
Dividend on Donated Shares to Corpus Fund Not Income from Other Sources
Income Tax
Income Tax
Delhi HC Denies Tax Exemption to Trust Charging Capitation Fee
Income Tax
Income Tax
