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Income Tax - Highlights / Catch Notes

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Exemption u/s 11 - Donation to other trusts - no explanation ...


Court Rules Public Charitable Trust Eligible for Tax Exemption Despite Unexplained Donations u/s 11 of Income Tax Act.

July 5, 2021

Case Laws     Income Tax     HC

Exemption u/s 11 - Donation to other trusts - no explanation offered for many donations made by the Trust as to whether they were for activities in conformity with the objects of the Trust - Charity is clearly defined as relief of the poor, education, yoga, medical relief, preservation of environment, etc., Thus public charitable trust donating to activities other than education cannot be denied exemption u/s.11 of the Act. Therefore, the conclusion of the Assessing Officer is totally unwarranted. - HC

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