banner_ad

Case base Query on Exemption u/s 11

Tax queries 1274 views 2 replies

Following are the facts of a case on which I need your opinion for exemption u/s11

1)A trust has been formed to provide medical facilities to public..

2)Trust gives medical services to a pvt ltd company for which it charges adequate consideration.

3)That company is covered u/s 13(3)

My question is :

Is amount charged from pvt ltd co by trust for medical services is exempt u/s11?

Replies (2)
Dear Rekha, Yes trust can take Tax exemption as it is working fo charitable purpose. I believe it doesnt make any difference if it is providing service to companyn also. The most important thing is that Trust should use income for charitable purpose only and not for personal purpose of trustees and key managerial persons Let me know if require any information more. Thanks Vijay
Thanx Mr Vijay.But my query is related to section 12(2) & 13(6).The main point of question is section 13(3).Pls reply considering these sections.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
04 May 2026
Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
ARTICLESHIP 31 May 2026
CHARTERED ACCOUNTANT ARTICLE ASSISTANT

KPRS And Associates

New Delhi

CA Inter

View Details