![Trust amounts to Association of Person u/s 40(b) of Income Tax Act: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/trust-site-img-1.jpg "Trust amounts to Association of Person u/s 40(b) of Income Tax Act: Bombay HC [Read Order]")
Trust amounts to Association of Person u/s 40(b) of Income Tax Act: Bombay HC [Read Order]
The Bombay High Court ruled that the appellant trust qualified as an association of persons under Section 40(b) of the Income Tax Act, 1961, and...
![Rejection of Trusts S.12A Registration: ITAT Restores Matter to CIT(E) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-Ahmedabad-CITE-reconsideration-Tax-exemption-trust-taxscan.jpg "Rejection of Trusts S.12A Registration: ITAT Restores Matter to CIT(E) [Read Order]")
![ITAT Sets Aside Ex-Parte Order, Directs Fresh Hearing for Trusts 12AB Registration [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Ahmedabad-Ex-Parte-Order-Section-12AB-of-the-Income-Tax-Act-Taxscan.jpg "ITAT Sets Aside Ex-Parte Order, Directs Fresh Hearing for Trusts 12AB Registration [Read Order]")
![CBDT issues Circular Providing Clarity on Filing Details of Major Contributors to Trusts and Institutions [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/10/CBDT-issues-Circular-Contributors-to-Trusts-Institutions-CBDT-taxscan.jpg "CBDT issues Circular Providing Clarity on Filing Details of Major Contributors to Trusts and Institutions [Read Notification]")
![Application of Maximum Marginal Rate on Trust with Known Beneficiaries: ITAT directs to apply Individual Rates [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Application-of-Maximum-Marginal-Rate-on-Trust-Beneficiaries-ITAT-Rates-TAXSCAN.jpg "Application of Maximum Marginal Rate on Trust with Known Beneficiaries: ITAT directs to apply Individual Rates [Read Order]")
Donations given out of Accumulated funds u/s 11(2) shall be deemed as Income of Trust: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that the donations given out of accumulated funds under Section 11(2) of the Income Tax Act, 1961 shall be deemed as income of the...
![Donations given out of Accumulated funds u/s 11(2) shall be deemed as Income of Trust: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Donations-given-out-of-Accumulated-funds-Income-of-Trust-Donations-ITAT-Accumulated-funds-taxscan.jpg "Donations given out of Accumulated funds u/s 11(2) shall be deemed as Income of Trust: ITAT [Read Order]")
Consultant's failure to comply with Notice of CIT-Exemptions won't result in Non-registration of Trust u/s 12A of Income Tax Act: ITAT Condones delay of 671 days [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) held that the consultant’s failure to comply with the notice of the Commissioner of Income Tax (CIT) Exemptions won’t result in...
![Consultants failure to comply with Notice of CIT-Exemptions wont result in Non-registration of Trust u/s 12A of Income Tax Act: ITAT Condones delay of 671 days [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Notice-of-CIT-Exemptions-Notice-CIT-Exemptions-CIT-Non-registration-of-Trust-Non-registration-Trust-Income-Tax-Act-Income-Tax-ITAT-Condones-delay-Taxscan.jpg "Consultants failure to comply with Notice of CIT-Exemptions wont result in Non-registration of Trust u/s 12A of Income Tax Act: ITAT Condones delay of 671 days [Read Order]")
Signature in 'Consent Waiver Form' Proves that Trust has No Role in Opening of Overseas Bank Account: ITAT Restores Matter to AO [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that signing of 'consent waiver form' proves its bonafide that trust has no role in opening of overseas bank account, the matter is...
![Signature in Consent Waiver Form Proves that Trust has No Role in Opening of Overseas Bank Account: ITAT Restores Matter to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Signature-Consent-Waiver-Form-Trust-Overseas-Bank-Account-Bank-Account-ITAT-AO-taxscan.jpg "Signature in Consent Waiver Form Proves that Trust has No Role in Opening of Overseas Bank Account: ITAT Restores Matter to AO [Read Order]")
ITAT Restores Appeal on Condition to Furnish Required Set of Documents to Avail Tax Exemption for Trust u/s 12 AB of Income Tax [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) restores the case to Commissioner of Income Tax (Exemption) [CIT (E)] and held that tax exemption under Section 12 AB of Income Tax Act,...
![ITAT Restores Appeal on Condition to Furnish Required Set of Documents to Avail Tax Exemption for Trust u/s 12 AB of Income Tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/ITAT-Restores-Appeal-on-Condition-to-Furnish-Required-Set-of-Documents-to-Avail-Tax-Exemption-for-Trust-Income-Tax-TAXSCAN.jpg "ITAT Restores Appeal on Condition to Furnish Required Set of Documents to Avail Tax Exemption for Trust u/s 12 AB of Income Tax [Read Order]")
![Charitable Activities of trust not to be confined to particular caste: ITAT directs Readjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Charitable-Activities-of-trust-confined-to-particular-caste-ITAT-readjudication-TAXSCAN.jpg "Charitable Activities of trust not to be confined to particular caste: ITAT directs Readjudication [Read Order]")
Activities of the trust cannot be the deciding factor while granting registration u/s 12A of Income Tax Act: ITAT [Read Order]
The Raipur bench of the Income Tax Appellate Tribunal held that Activities of the trust cannot be the deciding factor while granting registration. The assesse filed the appeal on the grounds that...
![Activities of the trust cannot be the deciding factor while granting registration u/s 12A of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Activities-of-the-trust-deciding-factor-while-granting-registration-Income-Tax-Act-ITAT-TAXSCAN.jpg "Activities of the trust cannot be the deciding factor while granting registration u/s 12A of Income Tax Act: ITAT [Read Order]")
Trust Activities of Sale of Plot, Flats and Commercial Booths are Charitable in Nature: ITAT Allows Exemption u/s 11 of Income Tax Act [Read Order]
The Chandigarh Income Tax Appellate Tribunal (ITAT) held that the trust activities of sale of plots, flats and commercial booths and also its income earned form non construction fee, transfer fee,...
![Trust Activities of Sale of Plot, Flats and Commercial Booths are Charitable in Nature: ITAT Allows Exemption u/s 11 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Trust-Activities-of-Sale-of-Plot-Flats-and-Commercial-Booths-are-Charitable-in-Nature-ITAT-Allows-Exemption-Income-Tax-Act-TAXSCAN.jpg "Trust Activities of Sale of Plot, Flats and Commercial Booths are Charitable in Nature: ITAT Allows Exemption u/s 11 of Income Tax Act [Read Order]")