Income of trusts or institutions from property held for charitable purposes

Income of a charitable trust is exempt from tax to the extent it is applied for charitable purposes in India. Up to 15% can be accumulated for future application. Trusts must be registered under Section 12AB.

Key provisions

• Income of a charitable trust is exempt from tax to the extent it is applied for charitable purposes in India. Up to 15% can be accumulated for future application. Trusts must be registered under Section 12AB.

Use via API

curl https://api.thynktax.com/v1/tax-law/sections/by-2025-ref/298

{
  "act_2025_ref": "298",
  "old_reference": "Section 11, Income Tax Act 1961",
  "title": "Income of trusts or institutions from property held for charitable purposes",
  "category": "Section",
  "limit_or_rate": "-",
  "applicable_to": "-",
  "effective_from": "2026-04-01"
}