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Income Tax - Highlights / Catch Notes

Home Highlights August 2018 Year 2018 This

Exemption u/s 11 - Application of income for charitable purposes ...

Case Laws     Income Tax

August 10, 2018

Exemption u/s 11 - Application of income for charitable purposes - Where in the law has it been provided that a trust has to incur expenditure on its own and cannot give donation in kind to institutions who in turn have given to the needy which otherwise are for charitable purposes?

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  10. Denial of exemption u/s 11 - Assessee is claimed to be a trust carrying on activities of providing swimming pool facilities for aquatic events and training and...

  11. Charitable Trust - if commercial principles are applied then adjustment of expenses incurred by the trust for charitable religious purpose in the earlier years against...

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