Public Trust through a Will
1. Introduction The Maharashtra Public Trusts Act, 1950 (formerly the Bombay Public Trusts Act) serves as the primary legal framework […]
Public Trust through a Will Read Post »
Registration of Public Trusts
Under the Maharashtra Public Trusts Act, 1950 (MPTA), formation of a public trust in Maharashtra requires structured documentation and statutory
Registration of Public Trusts Read Post »
Anonymous Donations – Section 115BBC
I. REGULATORY OVERVIEW AND LEGAL FRAMEWORK Section 115BBC of the Income Tax Act, 1961, represents a specialized tax regime aimed
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Wrong Clause Selected in Form 10A / Form 10AB ?
While applying for registration under Section 12AB of the Income-tax Act, trusts and charitable institutions are required to file Form
Wrong Clause Selected in Form 10A / Form 10AB ? Read Post »
FAQs on Charitable or Religious Trusts
What is the meaning of charitable purpose?Section 2(15) of the Income-tax Act provides an inclusive definition of ‘charitable purpose’. It includes
FAQs on Charitable or Religious Trusts Read Post »
Investment Modes for Trusts as per Section 11(5)
For charitable and religious trusts in India, maintaining tax-exempt status requires strict adherence to how funds are handled. Under the
Investment Modes for Trusts as per Section 11(5) Read Post »
“Bogus” Political Donation ?
This article explains a recent legal victory for a taxpayer, Abhishek Jayketu Joshi, in a dispute with the Income Tax
“Bogus” Political Donation ? Read Post »
ITAT Ahmedabad Clarifies: Religious Events for Fundraising Do Not Bar 80G Approval
A recent ruling by the Income Tax Appellate Tribunal (ITAT), Ahmedabad, in the case of Dharamdas Charitable Trust vs. CIT(Exemption)
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