#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
Budget 2017: Modifications of object & filing of return by entities exempt U/s. 11 & 12
Income Tax
Income Tax
Coaching Class Income of ICAI is exempt
Income Tax
Income Tax
Petty charities in ‘golaks’ are not anonymous donations
Income Tax
Income Tax
Denial of exemption U/s. 11 to the total income of a trust, in view of violation of section 13(1)(c) / 13(1)(d), is not legally tenable
Income Tax
Income Tax
Educational and Medical Institutions – Heed the wake-up call!
Income Tax
Income Tax
Section 11-CBDT notifies online forms for accumulation of income by a trust
Income Tax
Income Tax
Mere Providing stadium with all arrangements for Cricket matches conducted by BCCI is not a business activity carried out u/s 2(15)
Income Tax
Income Tax
S. 11 Running Allopathic hospital is conducive to the object of Trust to provide treatment under Ayurvedic system
Income Tax
Income Tax
Conditions mentioned in sec.10 are mutually exclusive from condition prescribed in sec. 11
Income Tax
Income Tax
Income Tax : Trust Registration and Tax Rate
Income Tax
Income Tax
Income Accumulation for future utilization on one of trust’s object stated in memorandum is not accumulation towards general purpose
Income Tax
Income Tax
No exemption u/s 10(23C) if institution exists apparently for philanthropic purpose and in reality for profits
Income Tax
Income Tax
CBDT guidelines for NGOs seeking exemption U/s. 11 for providing relief to earthquake hit people in Nepal- Part III
Income Tax
Income Tax
