Religious Trust

Religious Trusts are trusts and NGOs that are created with the purpose to serve any particular or many aspect of a religion such is to build a religious monument/place, initiate a moment within the religion, work to fulfill the message, purpose of one or many part/teachings of religion. Religious Trust has appeal among religious people who shares mutual feelings.

1. Section 11 to 13 of the Income-tax Act, 1961 deals with taxation of Charitable Trust/Institution, in addition to following as follows
2. Section 11 provides the manner in which income is exempt from income-tax.
3. Section 12 provides the income of trust or institutions from contributions.
4. Section 12A provides the conditions as to registration of trusts, etc.
5. Section 12AA provides the procedure for registration.
6. Section 13 provides section 11 not to apply in certain cases.