#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
Land Purchased for establishing a university – Section 11 Exemption Allowed
Income Tax
Income Tax
Online Coaching is Education u/s 2(15) & eligible for tax Exemption
Income Tax
Income Tax
Income-Tax Payment made by Assessee is Application of Income & it is Eligible for Deduction u/s 11
Income Tax
Income Tax
Exemption u/s 10 & 11 cannot be granted merely based on section 12AA Registration
Income Tax
Income Tax
Hostel Facility by Charitable Educational Trust cannot be held as business
Income Tax
Income Tax
Indian Trust -Sec-2(15) –Is it really a boon for Public Charitable Trusts?
Corporate Law
Corporate Law
Enforceability of Arbitration Clause in an Unstamped Arbitration Agreement
Income Tax
Income Tax
Taxation of Charitable/Religious Trust
Income Tax
Income Tax
Income Tax Provisions relating to Religious Trusts
Income Tax
Income Tax
No Section 11 exemption denial if cancelled registration was restored
Income Tax
Income Tax
Money Transferred to Unregistered Trust cannot be treated as applied for Charitable Purpose
Income Tax
Income Tax
Micro Finance Activity cannot be treated as charitable for Section 11 Exemption
Income Tax
Income Tax
Affordable house to low income group amount to ‘Relief to Poor’ & eligible for section 11 exemption
Income Tax
Income Tax
