Charitable Activity - Entitle to get exemption u/s. 2(15)

[PRIYAM KHAMBHATA]

Respected Sir

Body of Individuals has developed 'Bharat Mata Temple' in Gujarat State. Now, such Body of Individuals want to create a Charitable Trust for maintaining of 'Bharat Mata Temple'. Whether this type of activity is covered under charitable activity and entitle to get exemption u/s. 2(15) of the Income tax Act. What would be taken care to create charitable trust in such maintaining of 'Bharat Mata Temple'.

Please guide me

 

AI Summary

Charitable Trust Seeks Tax Exemption for Bharat Mata Temple, Highlighting Cultural Preservation and Public Benefit Under Section 2(15) A body of individuals seeks to establish a charitable trust for maintaining the Bharat Mata Temple in Gujarat. The proposed trust aims to qualify for tax exemption under Section 2(15) of the Income Tax Act. To be eligible, the trust must demonstrate a charitable purpose, operate on a not-for-profit basis, serve the public interest, and obtain necessary registrations with tax and charity authorities. The temple's nature as a symbol of national heritage and cultural unity supports its potential charitable classification.