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TMI BlogExemption related to Charitable Trust [ Entry No. 1, 60, & 80 ]X X X X Extracts X X X X X X X X Extracts X X X X ..... The entity should be registered under Section 12AA of the Income-tax Act, 1961 Services should be by way of charitable activities The two requisites could be explained as under: Any entity registered under Section 12AA of the Income-tax Act, 1961 A Trust, a Society or a Company formed under Section 8 of Companies Act, 2013 (company with charitable objects) are allowed t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -forming substance such as narcotics drugs or alcohol; or public awareness of preventive health, family planning or prevention of HIV infection; advancement of religion, spirituality or yoga advancement of educational programmes or skill development relating to,- abandoned, orphaned or homeless children; physically or mentally abused ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e, club or campsite, by whatever name called, for residential or lodging purposes, having declared tariff of a unit of accommodation below one thousand rupees per day or equivalent are exempt. Thus, accommodation service in hostels including by Trusts having declared tariff below one thousand rupees per day is exempt . [ Sl. No. 14 of notification No. 12/2017-CT(Rate) refers] ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ch residential programmes or camps is advancement of religion, spirituality or yoga. However , if charitable or religious trusts merely or primarily provide accommodation or serve food and drinks against consideration in any form including donation, such activities will be taxable. Similarly, activities such as holding of fitness camps or classes such as those in aerob ..... X X X X Extracts X X X X X X X X Extracts X X X X
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