Taxation of Charitable and Religious Trusts (2015)

This is the second edition of " Taxation of Charitable and Religious Trusts", Published in March, 2015

This book attempts to simplify, rationalize and provide an in-depth analysis of the various provisions of the Income-tax Act, 1961, relating to the tax treatment of charitable and religious trusts in India and covers:

• Threadbare analysis of the basic provisions of the I.T. Act, 1961, relating to the tax treatment of charitable and religious trusts, viz., sections 2(15), 11, 12, 12A, 12AA, and 13 of the Act.
• Formation of charitable trusts/institutions, including Wakfs.
• Detailed analysis of the provisions of section 10(23C) of the Act, relating to exemption of income of certain educational and
  medical institutions and other such charitable institutions.
• Separate and detailed discussion, relating to the taxation of educational institutions, by way of a separate Chapter thereon, particularly in regard to the justification of acceptance of donations by such institutions.
• Maintenance and audit of accounts of charitable and religious trusts/institutions. Assessment of charitable and religious trusts/institutions.