Do You Know

DYK88
Volume - 88
March 2024

Any part of its income applied by Trust for the benefit of any particular Religious Community or Caste is considered as Specified Violation.

Under Explanation to Sec 12 AB(4), clauses (a) to (g) of Income Tax Act, a number of events are stated which is considered as “Specified Violations”.

- One of the event is when Trust, established for charitable purposes, has applied any part of its income for the benefit of any particular religious community or caste. [Clause (d)]

 

Download
Newsletter Subscription Subscribe
SMS Alert Service Subscription Subscribe
New Sign Up
Member Login
  • Already have an account? Login!