Charitable Trusts Oppose Mandatory Irrevocable Clause for Tax Exemption Registration

Last updated: 06 March 2026 Follow on Google News

Several public charitable trusts in India have approached the Bombay High Court challenging the Income Tax Departments insistence that trust deeds must explicitly state that the trust is "irrevocable" to qualify for tax exemption registration. Professional bodies including the Chamber of Tax Consul

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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