Missed the Form 10AB Deadline? CBDT Offers Major Relief for NGOs with Circular No. 06/2026
In a significant move to support charitable trusts, funds, and institutions, the Central Board of Direct Taxes (CBDT) has issued […]
Missed Deadline for filing of Income Tax Audit Report for Trust?
The Central Board of Direct Taxes (“CBDT”), vide Circular No. 16/2024 dated 18 November 2024, has issued revised guidelines for
Missed Deadline for filing of Income Tax Audit Report for Trust? Read Post »
Understanding Form No. 10BD: A Guide for Reporting Donations
Form No. 10BD is a critical compliance requirement under the Income-tax Act, 1961. It serves as a statement of particulars
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ITAT Grants Relief to Vishnu Bapuji Trust Over Digital Deadlock 🔥
In a significant ruling that prioritizes fairness over procedural hurdles, the Mumbai Income Tax Appellate Tribunal (ITAT) has condoned a
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ITAT Grants Relief to Vishnu Bapuji Trust Over Digital Deadlock 🔥 Read Post »
ITAT – Mumbai Protects Temple Funds from Technical Denials
The Shree Tardeo Jain Swetamber Murti Pujak Sangh, a registered charitable trust, recently won a significant legal battle regarding its
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CBDT Circular 01/2026: Major Relief for Trusts on Form 10A Filing Delays
CBDT Clarifies Authority to Condone Delays in Filing Form No. 10A for Trust Registrations The Central Board of Direct Taxes
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Landmark Victory: Bombay HC Rules Explicit Irrevocability Clauses Not Required for Trust Registration
In a significant ruling, The Honourable High Court of Bombay has addressed a systemic issue affecting charitable trusts in Maharashtra.
ITAT Rules: Donations for Festival Publicity are Charitable Contributions, Not Taxable Business Income
Introduction The Income Tax Appellate Tribunal (ITAT), Delhi Bench, recently addressed a significant dispute regarding whether donations received by a
Delay Condonation Form – Mahacharity
Public trusts registered under the Maharashtra Public Trusts Act, 1950 are required to file Annual Accounts and Audit Report within
Delay Condonation Form – Mahacharity Read Post »
‘Irrevocable Clauses’ in Charitable Trust Registrations
Public charitable trusts in India are currently facing a significant procedural hurdle when applying for the renewal of their registration
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ITAT Delhi Ruling: Lack of Dissolution Clause Not a Valid Ground to Deny Section 12AA Registration
In the case of Roop V.K. Jain Foundation vs. The CIT (Exemption), Chandigarh, the Income Tax Appellate Tribunal (ITAT) Delhi
Loan taken by Charitable Trust?
Introduction Under the Maharashtra Public Trusts Act, 1950, a public trust is permitted to borrow money; however, the law imposes
Loan taken by Charitable Trust? Read Post »