#Charitable Trust

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Feb 4, 2026 • 08:16 PM

Indexation Benefit Permissible for Charitable Trusts on LTCG | Section 11 and 48 Interpretation : Income Tax Appellate Tribunal

ITAT Mumbai holds that charitable trusts can claim indexation benefit on long-term capital gains under Section 48 even while claiming exemption under Section 11, clarifying double deduction myths.

Section 80G(5) | Religious Expenditure Under 5% Does Not Bar Charitable Registration : Income Tax Appellate Tribunal

Case Law Analysis

Jan 22, 2026 • 04:42 PM

Section 80G(5) | Religious Expenditure Under 5% Does Not Bar Charitable Registration : Income Tax Appellate Tribunal

ITAT clarifies that registration under Section 80G(5) cannot be denied solely due to religious objects if religious expenditure is under 5% of total income, reinforcing statutory threshold.

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#Charitable Trust

Indexation Benefit Permissible for Charitable Trusts on LTCG | Section 11 and 48 Interpretation : Income Tax Appellate Tribunal

Section 80G(5) | Religious Expenditure Under 5% Does Not Bar Charitable Registration : Income Tax Appellate Tribunal

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