#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
AP HC Allows Form 10B Filing, Condoning Delay Under Section 119(2)(b) of Income Tax Act
Income Tax
Income Tax
Pursuing Alternative Remedy Constitutes Sufficient Cause: ITAT Condones 453-Day Appeal Delay
Income Tax
Income Tax
Form 10/10B Delay Not Fatal to Section 11(2) Claim Where Original Filing Was Timely: ITAT Ahmedabad
Income Tax
Income Tax
Visakhapatnam ITAT Refuses 792-Day Delay Condonation for Unsupported Medical Plea
Income Tax
Income Tax
ITAT Mumbai Deletes ₹37.61 Lakh Section 270A Penalty on Charitable Trust with Nil Income
Income Tax
Income Tax
ITAT Chennai Deletes Section 68 and Expense Disallowances for AY 2023-24
Income Tax
Income Tax
ITAT Upholds NPCI’s Section 11 Exemption Despite Transaction-Based Payment Service Fees
Income Tax
Income Tax
Mumbai ITAT Restores Section 11 Claim Where Revised Form 10B Was Timely Filed
Income Tax
Income Tax
Late Form 10B Filing Cannot Deny Section 11 & 12 Exemption: ITAT Mumbai
Income Tax
Income Tax
ITAT Allows Section 11 Exemption for AY 2020-21 After 12AB Registration
Income Tax
Income Tax
Section 35(2AB) R&D Deduction Dispute Remanded to AO for DSIR Certification Reasons: Mumbai ITAT
Income Tax
Income Tax
Section 68 Addition on Anonymous Donations Set Aside by Visakhapatnam ITAT
Income Tax
Income Tax
Jaipur ITAT: U/s 12AB & 80G Registration Cannot Be Denied for Misplaced 30-Year-Old 12A Certificate
Income Tax
Income Tax
