Sec 11,12,13 of Income tax Act, 1961

2. S.N. CONTENT SECTION
1.
Charitable purpose 2(15)
2.
Income from CHARITABLE
TRUST
11
3.
Registration of trust 12A
4.
Procedure of Registration 12AA
5.
Forfeiture of exemption.(cases
when exemption is not
available)
13
6.
Income of Political parties 13A
7.
Income of a electoral trust 13B

3. DEFINITION OF CHARITABLE PURPOSE
INCLUDE……….
1.RELIEF TO POOR
2.EDUCATION
3.MEDICAL RELIEF
4.ANY OTHER OBJECT OF
PUBLIC UTILITY

4. Sec. Nature of income Exemption allowed
11(1)
(a)
Income from property held under
trust wholly for charitable or
religious purposes in India
If—(A) income is applied OR deem to be
applied to such charitable or religious
purposes .
(B) Such 15% income is set apart for
application to such purposes .
11(1)
(c)
Income from property held under trust
for charitable purposes outside India
If—the trust promotes INTERNATIONAL
WELFARE in which INDIA IS
INTERESTED
11(1)
(d)
Income in the form of voluntary
contributions received with a specific
direction that they shall form part of
the corpus (principal part of fund) of
the trust or institution.
100% exemption.
NOTES- Contributions received without such specific direction are deemed to be
income from property held under trust…

5. TAX
SAVING
?

7. Within 6 months, On receipt of an app. For
reg.
The Chief CIT/CIT shall call for documents &
information
To satisfied himself about the activities of trust
.. If commissioner found that trust
are not being carried out as per object of trust,
He shall cancel the registration.

8. 1.Income of religious trust not used for public
benefit. [sec.13(1)(a)]]
2.Income of charitable trust created for
benefit for particular religious
community.[sec.13(1)(b)]
3.Income/ property of charitable or religious
trust applied for direct or indirect benefit of
person referred in 13(3) . [sec.(13)(1)(c)].
4.Anonymous donations.[sec.115BBC]
SEC.13

9. Anonymous donations liable to be taxed
at 30%.
If Name & address of donor is not
maintained.
But anonymous donation taxable upto--
Sec.115BBC

10. Maintains books & other required document
Maintains record of voluntary contributions
exceeding 20000.
A/cs are audited by a CA.
Registered with the Election Commission of
India as a political party