Income Tax
Income Tax Concept & Scope of Total Income with Residential Status of a Person, Agricultural Incomes, Exempted Incomes Under Section 1 to 13A
Steps of Formation of a Charitable and Religious Trust
Formation of a charitable and religious trust involves several steps, which are outlined below: Introduction : Identify the objectives: The...
TRUST DEED for A Charitable and Religious Trust
A Trust Deed is a legal document that outlines the objectives, powers, and governance structure of a trust. Here we...
Registration of A “Charitable & Religious Trust”
Registration of a Charitable and Religious Trust typically involves the following steps: 1. Introduction : Choose a name for the...
Income Tax Provisions & Exemptions in case of Charitable Trust and Religious Institution
In India, Charitable and Religious Trusts enjoy certain Income Tax Provisions and Exemptions in case of Trust under the Income...
Approval of Trust Under Section 80G Of the Income Tax Act. To Give Some Benefits to Its Donors
Approval of Trust Under Section 80G Of the Income Tax Act. Means It is necessary for a charitable trust to...
Power of the Trustee of Charitable and Religious Trust
Power of Trustee of Charitable and Religious Trust : Trustees of charitable and religious trusts play a vital role in...
Conditions to get Exemption under Section 11 in case of Trusts (Charitable and Religious)
Conditions to get Exemption by Trust under Section 11 For claiming exemption by Trust under section 11 both Charitable and...
List of Exempted Incomes under Section 11 in case of Trust (Charitable and Religious)
Exempted Incomes under Section 11 in case of Charitable Trusts and Religious Institutions Subject to the provisions of sections 60...
Application of income by Trust during Previous Year for Charitable and Religious Purposes to Claim Exemption by Trust.
It is clear from Application of Income by Trust during Previous Year that for claiming full exemption at least 85%...
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Accumulation of Income in Excess of 15% of the Income Earned by Charitable and Religious Trust and Institution [Section 11(2) and Rule 17]
: Accumulation of Income in Excess of 15% by Trust As already mentioned, assessee is allowed to accumulate upto 15%...
Income Tax Management and Tax Ready Reckoner with Tax Planning for the Assessment Years 2022-2023 & 2023-2024 - for Students, Salaried, Professionals & Businessman.