#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
BCCI have to pay more than Rs. 500 crore in taxes
SEBI
SEBI
SEBI circular on Quarterly Reporting by Foreign Venture Capital Investors (FVCI)
SEBI
SEBI
Quarterly Reporting by Venture Capital Funds (VCF)
Income Tax
Income Tax
If a trust fulfills all conditions of section 12A/12AA, registration cannot be denied on ground that some conditions of section 11 and 12 not fulfilled
SEBI
SEBI
Simplified Debt Listing Agreement for Debt Securities – Amendments
Income Tax
Income Tax
Terms "any trade, commerce or business" occurring u/s 2(15) refer to trade, commerce or business pursued by recipient to whom service is rendered
Fema / RBI
Fema / RBI
Memorandum of Instructions for Opening and Maintenance of Rupee /Foreign Currency Vostro Accounts of Non-resident Exchange Houses
Income Tax
Income Tax
Registration u/s. 80G(5) of IT Act, 1961 cannot be denied on the ground that charitable trust imparting education for fees
Income Tax
Income Tax
Allowability of exemption to partly charitable and partly religious trust
Income Tax
Income Tax
IT exemption u/s 11 cannot be denied merely on the grounds that the assessee serves alcohol in the club
Corporate Law
Corporate Law
Special Economic Zones Act, 2005: An overview
SEBI
SEBI
Circular on Amendment to Chapter VIA of the SEBI (Disclosure and Investor Protection) Guidelines, 2000
SEBI
SEBI
Amendments to SEBI (Disclosure and Investor Protection) Guidelines, 2000
Income Tax
Income Tax
