Exemption u/s 80-g

388 views 2 replies

Query

Some rich agrawal persons created a trust, to provide madical help, specially to real poor agrawal families (who are in case of any medical help not capable to spend money for their treatment) but without any restriction to serve some other cast poor family. Trust is already regitered under public charitable trust act as well as U/s 12A of income tax act by then authority. now far exemption u/s 80-G, CIT exemption says that trust is working subtentially for a cast i.e. agrawal. and issued a show case why exemption to be granted to trust.

Whether view of CIT is justifed, what kind of remedy available to trust. whether any ciation is avialbe for such kind of situcation to get exemption U/s 80-G. 

Pls Reply

Replies (2)

This small publication  "Assesment of  charitable trust"  By It dept will help  you

https://www.incometaxindia.gov.in/booklets%20%20pamphlets/assessment-of-charitable-trust-and-institution.pdf 

Download and read it. This may be of help.

As per Section 80G(5)(iii) of Income Tax Act, the objection raised by CIT in substantive. You must approach a good Income Tax lawyer for early action in this regard. You need to file reply to the notice and take corrective steps.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 08 July 2026
Articles

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details