| PART I : PUBLIC CHARITABLE TRUST OR INSTITUTION |
1
| >> |
| Section A : Trust—An Introduction |
2
| >> |
| Meaning of Trust and Its Kind |
2
| >> |
| Public Charitable Trusts |
9
| >> |
| Religious Trusts, Endowment, Etc. |
21
| >> |
| Section B : Charitable Purpose for Exemption under Section 11 |
27
| >> |
| Definition of Charitable Purpose in Section 2(15) |
27
| >> |
| Relief to Poor as Charitable Purpose |
30
| >> |
| Education and Yoga as Charitable Purpose and Scope Thereof |
35
| >> |
| Medical Relief as Charitable Purpose |
51
| >> |
| Preservation of Environment, Monuments, Etc. As Charitable Purpose |
55
| >> |
| Any Other Object of General Public Utility in Section 2(15) |
57
| >> |
| Instances of General Public Utility Held to be Charitable Purpose or Otherwise |
67
| >> |
| Section C : Exemption to Public Charitable Trusts or Institutions |
98
| >> |
| Exemption to Charitable Trusts under Section 11 |
98
| >> |
| Property Held Under Trust in Section 11 |
120
| >> |
| Property Held Under Legal Obligation Vis-a-Vis Section 11 |
129
| >> |
| Application of Income—Condition Precedent for Exemption |
134
| >> |
| Permissibility of Setting Off of Excess Expenditure in Earlier Year Against Income of Subsequent Year |
156
| >> |
| Instances of Expenditures Regarded As Application of Income |
165
| >> |
| Case Studies Related to Application of Income |
173
| >> |
| Circumstances Where Exemption Available Inspite of Application Falling Below Eighty Five Percent of Income [Explanation 1(2) to Section 11(1)] |
176
| >> |
| Permissible Accumulated or Set Apart Income—Principles Regarding [Sec. 11(1)(a)] |
181
| >> |
| Capital Gains of Charitable Trusts or Institutions—Computation and Tax Treatment [Section 11(1A)] |
189
| >> |
| Setting Apart or Accumulation of Income in Excess of 15% under Section 11(2) |
204
| >> |
| Treatment of Inter Trust Donations |
225
| >> |
| Compliances Specific Failure Consequences [Sections 11(1B), 11(3) & 11(3A)] |
230
| >> |
| Business Income of Charitable Trusts & Institutions—Tax Treatment [Sections 11(4) and 11(4A)] |
238
| >> |
| Statutorily Prescribed Modes of Investment by Trusts and Institutions [Sec. 11(5)] |
270
| >> |
| Section D : Income of Charitable Trust or Institution |
283
| >> |
| Income of Charitable Trust or Institution—Scope and Computation |
283
| >> |
| Disallowances under Sections 40(a)(ia) and 40A(3)/(3A) in Case of Charitable Trusts/Institutions |
303
| >> |
| Treatment of Depreciation in the Hands of Charitable Trusts/Institutions |
308
| >> |
| Income of Trust or Institution from Voluntary Contributions [Section 12] |
316
| >> |
| Treatment of Corpus Donations [Sections 11(1)(d) and 12] |
326
| >> |
| Income Via Anonymous Donations—Tax Treatment under Section 115BBC |
340
| >> |
| Section E : Registration and Audit of Charitable Trust/Institution |
351
| >> |
| Registration—Condition Precedent for Exemption |
351
| >> |
| Procedure for Grant of Registration [Section 12AA as Relevant upto 31-3-2021] |
367
| >> |
| Issues Arising While Granting or Rejecting Registration Application |
375
| >> |
| Cancellation of Registration of Charitable Trusts Granted under Section 12AA |
434
| >> |
| Procedure for Fresh Registration by Trusts under S. 12AB [Effective from 1-4-2021] |
470
| >> |
| Faceless Registration Scheme |
479
| >> |
| Audit of Charitable Trust or Institution [Section 12A(b)] |
480
| >> |
| Section F : Forfeiture of Exemption to Charitable Trusts/Institutions |
488
| >> |
| Forfeiture of Exemption—Overview of Section 13 |
488
| >> |
| Bar in Respect of Trust for Benefit of Specific Religious Community [Sec. 13(1)(b)] |
493
| >> |
| Benefit to Interested Persons Causing Bar to Exemption [Section 13(1)(c)] |
503
| >> |
| Investment of Trust Funds in Other Than Specified Media As Barring Exemption [Section 13(1)(d)] |
532
| >> |
| Bar Due to Deemed User of Trusts Income by Interested Persons [Section 13(2)] |
551
| >> |
| Interested Persons in Section 13(1)(c) [Section 13(3)] |
572
| >> |
| Case Studies Relevant to Issues Regarding Section 13(3) |
582
| >> |
| Section G : Taxation of Charitable Trusts or Institutions |
587
| >> |
| Status of Trust for Taxation |
587
| >> |
| Income Taxation of Charitable Trusts or Institutions [Section 164(2) and (3)] |
592
| >> |
| Tax on Accreted Income of a Charitable Trust/Institution |
601
| >> |
| Common Areas of Enquiry by Department While Handling Assessment of Charitable Trusts/Institutions |
606
| >> |
| Section H : Preparation and Samples of Trust Deeds |
610
| >> |
| Constitution of Charitable Entity Via Trust Deed—Governing Principles |
610
| >> |
| Objects in Charitable Trust Deed—Necessary Specification Thereof |
622
| >> |
| Preparation of Charitable Trust Deed and Sample Deeds |
633
| >> |
| PART II : TRUSTS, FUNDS, EDUCATIONAL OR MEDICAL INSTITUTIONS EXEMPT UNDER SECTION 10(23C) |
656
| >> |
| Section A : Trusts, Funds, Institutions Claiming Exemption under Section 10(23C)(iv)/(v) |
657
| >> |
| Income of Specified Institutions, Funds, Trust, Etc. under Section 10(23C)(iv)/(v) |
657
| >> |
| Filing of Income Tax Return by Charitable Trust/ Institution [Section 139(4A)] |
671
| >> |
| Section B : Exemption to Educational & Medical Institutions under Various sub-clauses of Section 10(23C) |
674
| >> |
| Exemptions Available to Educational Institutions, Hospitals and Other Philanthropic Institutions |
674
| >> |
| Educational Institutions Eligible for Section 10(23C) Exemption |
678
| >> |
| Exemption to Educational/Medical Societies |
686
| >> |
| Conditions for Availing of Exemption by Educational Institutions |
689
| >> |
| Conditions for Availing of Exemption by Hospitals and Medical Institutions |
718
| >> |
| Overview of Provisos to Section 10(23C) Vis-a-Vis Exemption to Educational and Medical Institutions |
724
| >> |
| Requirements As to Application or Accumulation of Income by Educational and Medical Institution |
733
| >> |
| Business Income of Educational or Medical Institutions |
746
| >> |
| Procedural Aspects Vis-a-Vis Claim of Exemption by Institutions |
751
| >> |
| Section C : Taxation and Audit of Charitable, Educational & Medical Institutions |
768
| >> |
| Taxation of Voluntary Contributions Received by Educational or Medical Institution |
768
| >> |
| Capitation Fee Received by Educational & Medical Institutions |
772
| >> |
| Tax Treatment of Anonymous Donations Received by Educational or Medical Institutions |
777
| >> |
| Audit of Educational and Medical Institutions |
779
| >> |
| Filing of Return by Educational and Medical Institutions Claiming Exemption under Section 10(23C) |
783
| >> |
| Investigation and Verification by Department in Case of Educational Institutions |
786
| >> |
| Section D : Conveyancing Aspects |
789
| >> |
| Sample Draft Deed of Trust For Charitable Dispensary or Hospital |
789
| >> |
| PART III : DONATION AND TAX BENEFITS |
792
| >> |
| Deduction to Donors under Section 80G Regarding Their Donations to NGOs/Societies, Etc. |
793
| >> |
| Procedure as to Approval of Trusts, Institution, Etc. |
803
| >> |
| Issues Relevant to Grant of Approval |
808
| >> |
| PART IV : ACCOUNTING BY TRUSTS AND INSTITUTIONS |
827
| >> |
| Applicability of Accounting Standards to Trusts and Institutions |
828
| >> |
| Revenue Recognition by Trusts and Institutions [AS-9] |
830
| >> |
| Accounting of Government Grants by Trusts and Institutions [AS-12] |
847
| >> |
| Requirements as Per Other Important Accounting Standards |
857
| >> |
| Preparation of Annual Accounts by Trusts or Institutions |
869
| >> |
| Guidance Notes As to Accounting in Case of Schools |
886
| >> |
| Guidance Notes As to Accounting for Hospitals |
917
| >> |
| PART V : GST IMPLICATIONS VIS-A-VIS TRUSTS, SOCIETIES ETC. |
920
| >> |
| Section A : GST—Basic Aspects |
921
| >> |
| Overview of GST |
921
| >> |
| Levy and Collection of Tax |
930
| >> |
| Meaning and Scope of Supply |
943
| >> |
| Composite and Mixed Supply |
954
| >> |
| Levy of Tax on Reverse Charge Basis |
961
| >> |
| Section B : GST on NGOs, Trusts, Societies |
979
| >> |
| Charity and Social Care Services |
979
| >> |
| Human Health and Social Care Services |
981
| >> |
| Education Services |
981
| >> |
| Clubs, Association or Society Services |
1004
| >> |