Tag Archives: Income of Trusts

Recent case laws applicable to NGOs / Charitable Trusts

Recent case laws applicable to NGOs / Charitable Trusts
Where a surplus was made by educational institution which was ploughed back for educational purposes, said institution was to be held to be existed solely for

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Trust Registration in India

Trust Registration in India
A private trust, created under and governed by the Indian Trusts Act of 1882, aims at managing assigned trust property for private or religious purpose.
The law relating to private trusts

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Trust Registration and Tax Rate Under Income Tax

Trust Registration and Tax Rate – Income Tax
Trust formed for charitable or religious purposes which are not intended to do commercial activities are allowed various benefits under the Income-Tax Act, inter-alia, exemption under section

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Income of Trusts

In India there are many religious/charitable trusts for e.g. temples, Ashram, Gurudwaras, hospitals, educational, etc. propagating and working for social and charitable activities. What about their financial and taxing matters?
These trusts have to follow

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