#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
Revisionary order unsustainable as issue of exemption u/s 11 considered during scrutiny assessment
Income Tax
Income Tax
Denial of exemption based on documents seized from employees without any corroborative material unsustainable
Income Tax
Income Tax
Exemption u/s 11 available to Indian Chamber of Commerce on its entire receipts
Income Tax
Income Tax
Delhi HC Orders Income Tax Commissioner to Accept BCI’s Form No. 10
Corporate Law
Corporate Law
All cases involving breach of law doesn’t lead to public disorder
Excise Duty
Excise Duty
Excise duty refund cannot be adjusted against demand without providing an opportunity to appellant
Goods and Services Tax
Goods and Services Tax
Distribution Companies Not Authorized to Collect GST on Electricity & Related Services
Custom Duty
Custom Duty
CESTAT having lack of jurisdiction on appeals against Orders of Commissioner (Appeals) on Duty Drawback; refund order was quashed
Income Tax
Income Tax
Assessee can file Revised Form No. 10 During Reassessment: Delhi HC
Income Tax
Income Tax
Income already disclosed in ITR: Reopening after expiry of 4 years from relevant AY is invalid
Income Tax
Income Tax
ITAT Grants Section 11 Benefit as Form No. 10 Audit Report filed during Assessment
Income Tax
Income Tax
Tax Exemption Status of BCCI: Recent Developments & Future Prospects
Income Tax
Income Tax
Section 12A, 12AA & 12AB registration cancellation: HC dismisses writ as appellant suppressed material facts
Income Tax
Income Tax
