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Income Tax - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

Exemption u/s 11 - charitable activity - Assessee failed to ...


Trust Maintains Tax Exemption Despite Failing to Inform Tax Authority of Charitable Object Clause Changes u/s 11.

January 7, 2019

Case Laws     Income Tax     HC

Exemption u/s 11 - charitable activity - Assessee failed to intimate the changes made in object clause to CIT(Exemptions) - The additional objects were also in the nature of charitable activities. The foundational characteristics of the Trust, therefore, did not under go any change - Exemption cannot be denied.

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