Live Help
Get News Alerts from Taxmann.com on your desktop.
No Thanks Allow
You have blocked the notification on recent updates. Click below to re-subscribe.
No Thanks
You have already subscribed to Taxmann’s notification.
No Thanks UnSubscribe
Your Session Will Expire in   seconds.
If you do not wish to log-out, choose 'Let me continue'
Reset Session Cancel Session
 

Will a charitable trust lose exemption altogether when hit by events listed in section 13(1)(c)/(d)?

October 12, 2020[2020] 120 taxmann.com 135 (Article)
683 Views
Legal provisions relating to charitable trusts are at times perplexing and scary. For example a registered trust (registered under section 12A /12AA) when fails to file its return of income within the time specified in section 139(1) read with section 139(4A), what would be the tax consequence? The system of taxation in India lacks equity/fair play and such tendency is well known to the domestic taxpayers. But in the international arena, it is a strange behaviour and thus not appreciated.
read more 14 min read

taxmann.com
Payment
Best view in 1140 x 768