Tag Archives: Charitable purpose

Charitable purpose in the Income-tax Act w.e.f 01.4.2016

Section 2 (15) of the Income Tax Act 1961 :- “charitable purpose” includes relief of the poor, education, yoga, {yoga inserted by the Finance Act, 2015, w.e.f. 1-4-2016} medical relief, preservation of environment (including watersheds, forests and wildlife) and preservation of monuments or places or objects of artistic or historic interest, and the advancement of any other… Read More »