12 Conditions For Charitable Trust Exemption !

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Section 11 provides exemption to income of registered charitable trust or religious trust whereas section 12 of the I.T.Act is all about the taxation of contribution received by the trust. For easy understanding of all , the conditions which is required to be fulfilled by a charitable trust or religious trust to get exemption under Income Tax Act , have been summed up…

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The author has spent twenty years with Income Tax department and desire to service common citizen of India which include professionals like tax practioners ,CA,ICMA, CS and tax lawyers by advising them on the direct tax matters for a very affordable fee.

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