#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
Disallowance of expense owing to suspension of business unsustainable in absence of closure of business
Income Tax
Income Tax
Donations cannot be considered as anonymous u/s. 115BBC as details of donors provided
Income Tax
Income Tax
Exemption u/s. 11 not deniable as no violation of proviso to provision of section 2(15)
Income Tax
Income Tax
ITAT Directs De Novo Adjudication for Denial of Section 11 Exemption
Income Tax
Income Tax
Corpus Donations Taxable in Absence of Section 11 Exemption
Income Tax
Income Tax
Section 80G Registration doesn’t Preclude Trust from availing Section 115BBC(2)(b) benefit
Income Tax
Income Tax
ITAT Grants Section 11 Exemption for Voluntary School Corpus Donations by Parents
Excise Duty
Excise Duty
Penalty under Rule 26 for Clandestine Removal justified if sufficient evidences exist
Excise Duty
Excise Duty
Zarda/jarda scented tobacco not being specified under MRP based assessment had to be assessed u/s 4 of CE Act
Corporate Law
Corporate Law
Arrest illegal as grounds of arrest not conveyed in writing
Income Tax
Income Tax
Section : ITAT deletes reasonable Excess Jewelry Addition for Wealthy Assessee
Corporate Law
Corporate Law
No Stamp Duty on work order executed on behalf of Government: Delhi HC
Goods and Services Tax
Goods and Services Tax
GST not chargeable on premium and lease rent on plots allotted to hospitals
Income Tax
Income Tax
