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Income Tax - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

Exemption u/s 11 - charitable activity u/s 2(15) - providing ...


Trust Maintains Tax Exemption Despite Form 10B Errors; Section 11 Protects Charitable Healthcare, Education Activities Managed by SCPL.

September 23, 2019

Case Laws     Income Tax     AT

Exemption u/s 11 - charitable activity u/s 2(15) - providing healthcare facilities and imparting medical education and training - with a view to corporatize the hospital the management of the charitable activity was handed over to SCPL - some erroneous presentation of Form No. 10B report does not disentitle the trust for claiming exemption u/s. 11.

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