Taxability of trusts for “Charitable purpose” or religious trusts
The trust can either be created for charitable purpose or for religious purpose and for charitable and religious purpose. The public or private...
![Contributions received for Charitable Purpose cant be treated as Income u/s 2(24) (iia) of Income Tax Act: ITAT allows Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Contributions-received-for-Charitable-Purpose-treated-as-Income-Income-Tax-Act-ITAT-allows-Appeal-TAXSCAN.jpg "Contributions received for Charitable Purpose cant be treated as Income u/s 2(24) (iia) of Income Tax Act: ITAT allows Appeal [Read Order]")
![Denial of Registration u/s 12AA of Income Tax Act on ground of Non Falling of Trust within Ambit of ‘ Charitable Purpose ‘ : ITAT Directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Denial-of-Registration-Income-Tax-Act-on-ground-of-Non-Falling-of-Trust-within-Ambit-of-Charitable-Purpose-ITAT-Directs-Re-adjudication-TAXSCAN.jpg "Denial of Registration u/s 12AA of Income Tax Act on ground of Non Falling of Trust within Ambit of ‘ Charitable Purpose ‘ : ITAT Directs Re-adjudication [Read Order]")
![Exemption u/s 11 allowable on Income derived from Property held under Trust wholly for Charitable Purpose: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Exemption-Income-Property-Trust-Charitable-Purpose-ITAT-TAXSCAN.jpg "Exemption u/s 11 allowable on Income derived from Property held under Trust wholly for Charitable Purpose: ITAT [Read Order]")
Repayment of Loan taken for Construction of Building by Assessee Society considered as Income If for Charitable Purposes: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chandigarh bench consisting of N.K. Saini, Vice President, and Sudhanshu Srivastava, Judicial Member held that repayment of loan taken for construction of...
![Repayment of Loan taken for Construction of Building by Assessee Society considered as Income If for Charitable Purposes: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Repayment-construction-of-building-assessee-income-charitable-purposes-ITAT-Taxscan.jpg "Repayment of Loan taken for Construction of Building by Assessee Society considered as Income If for Charitable Purposes: ITAT [Read Order]")
Incidental Activities of Trust Carrying Out Charitable Purpose u/s 2(15) Income Tax Act can’t be Deemed as Commercial Activities: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) held that where the purpose of the trust is relief to poor, education, or medical relief, the other activities carried on by the Trust in...
![Incidental Activities of Trust Carrying Out Charitable Purpose u/s 2(15) Income Tax Act can’t be Deemed as Commercial Activities: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Trust-Charitable-Purpose-Income-Tax-Act-Commercial-Activities-ITAT-Taxscan.jpg "Incidental Activities of Trust Carrying Out Charitable Purpose u/s 2(15) Income Tax Act can’t be Deemed as Commercial Activities: ITAT [Read Order]")
Activity of Publishing Newspapers and Periodicals cannot be treated as ‘Charitable Purpose’: Bombay HC [Read Judgment]
A division bench of the Bombay High Court in Trustee of Saurashtra Trust v. DIT (E) denied Income Tax exemption to a Trust publishing newspapers and periodicals disclaiming that it is a ‘charitable...
![Activity of Publishing Newspapers and Periodicals cannot be treated as ‘Charitable Purpose’: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/08/Newspaper-and-Periodicals.jpg "Activity of Publishing Newspapers and Periodicals cannot be treated as ‘Charitable Purpose’: Bombay HC [Read Judgment]")
Charitable Society Earning Profits from Publishing and Selling of School Text Books is Eligible for Exemption: Delhi HC [Read Order]
Recently, in Delhi Bureau Of Text Books v. DIT(E), the division bench of the Delhi High Court held that Generating profits out of publishing and selling of school text books can be treated as...
![Charitable Society Earning Profits from Publishing and Selling of School Text Books is Eligible for Exemption: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/05/Delhi-Bureau-Of-Text-Books.jpg "Charitable Society Earning Profits from Publishing and Selling of School Text Books is Eligible for Exemption: Delhi HC [Read Order]")
Amendment to the definition of ‘charitable purpose’ would not give jurisdiction to Commissioner of Income Tax to cancel the Registration; Bombay HC [Read Judgment]
In a recent Judgment the division bench of Bombay High Court has held that, the amendment to the definition of charitable purpose by adding of the proviso, would not ipso facto give jurisdiction to...
