#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
Form 10 Delay Condoned for First-Time E-Filing Oversights: Gujarat HC
Income Tax
Income Tax
Registration of Religious Society Allowed Despite 34-Year Delay: P&H HC
Income Tax
Income Tax
Loose Sheets Without Corroboration Cannot Sustain Capitation Fee Addition: Karnataka HC
Income Tax
Income Tax
Karnataka HC: Capitation Fee Additions Deleted Following Earlier Judgment
Income Tax
Income Tax
Karnataka HC Upholds Section 12A Registration; No Automatic Sections 11–12 Exemption
Income Tax
Income Tax
ITAT Mumbai Allows 12AB Renewal, Quashes Retrospective Cancellation of Charitable Hospital Trust
Income Tax
Income Tax
Charitable Trust’s Pre-Operative Costs Cannot Be Carried Forward: ITAT Mumbai
Income Tax
Income Tax
Priests’ Maintenance Qualifies for Section 11(2) Accumulation: ITAT Hyderabad
Corporate Law
Corporate Law
Calcutta HC Allows Section 11 Arbitration Despite Pending MSME Conciliation
Income Tax
Income Tax
ITAT Mumbai Allows Section 11 Benefit as Form 9A Was Filed During Assessment
Income Tax
Income Tax
ITAT Mumbai Allows Later 12A Registration Benefit as Assessment Was Pending
Income Tax
Income Tax
Jaipur ITAT: Section 153(3) Not Applicable to U/s 12AB/80G; CIT(E) Must Allow Records
Income Tax
Income Tax
ITAT Delhi: Section 11/12 Exemption Allowed as BARC Deployment Was Pursuant to Government Policy
Income Tax
Income Tax
