charitable trust

  • Income Tax

Denial of Registration u/s 12AB remanded as notices issued & hearing concluded in short span

Denial of Registration u/s 12AB remanded for de novo consideration when notices were issued at very close intervals and hearing…

7 months ago
  • Income Tax

Belated Form 10 for accumulation of income allowed as trust believed it applied 85% income

Belated Form 10 allowed as trust had reasonable belief it has applied 85% of income for charitable purposes and not…

12 months ago
  • Income Tax

Transportation/Mess Fee was integral part of education, the main objective of trust

Transportation/Mess Fee held integral part of education, the main objective of the trust - ITAT deleted additions made u/s 11(4A)…

1 year ago
  • Income Tax

CIT exemption cannot sit in appeal against affiliation granted to assessee by Education Board

CIT exemption cannot sit in appeal against affiliation granted to asseesee by Education Board. Permission examined by board can not…

3 years ago
  • Income Tax

CBDT prescribes revised procedure for registration of charitable trusts u/s 12A and u/s 80G u/s 10(23C) etc.

CBDT prescribes revised procedure for registration of charitable trusts u/s 12A / 12AB, u/s 80G u/s 1023C etc.. Income-tax (6th…

3 years ago
  • budget-2021

Amendment to provision of Charitable Trust to check double deduction on income application /accumulation

Amendment to provision of Charitable Trust and Institutions to eliminate possibility of double deduction while calculating application or accumulation Exemption…

3 years ago
  • Income Tax

Mere surplus from exhibition not business activities u/s 2(15) making it non charitable

Mere surplus from exhibition not trade commerce or business activities u/s 2(15) making it non-charitable ABACUS Case Law CitationABCAUS 3386…

4 years ago
  • Income Tax

Kerala Cooperative Development & Welfare Fund Board notified for Income Tax exemption

Kerala Cooperative Development & Welfare Fund Board notified for income tax exemption u/s 10(46) for five AYs 2019-20 to 2023-24.…

4 years ago
  • Income Tax

CBDT defers requirement of fresh registration of trusts u/s 12AB to 01.10.2020 due to Covid-19 Situation

CBDT defers requirement of fresh registration of trusts under section 12AB to 01.10.2020 due to Covid-19 Situation The Finance Act…

4 years ago
  • Income Tax

Exemption u/s 11 available for ITR filed belatedly by Trusts registered u/s 12AA

Exemption u/s 11 available for ITR filed belatedly by Trusts registered u/s 12AA - CBDT Clarification F.No. 173/193/2019-ITA-IGovernment  of India…

5 years ago