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 purpose recognition: temple maintenance may qualify for tax exemption if framed as public heritage and utility.
Maintenance of the 'Bharat Mata Temple' may qualify as a charitable purpose if the temple functions as a symbol of national heritage or public utility rather than a sectarian place of worship. The trust must have clear charitable objectives as its dominant purpose, apply income solely to those objects, operate not-for-profit, and benefit the public at large. Registrations, approvals, separate accounting for incidental business activities, and compliance with books, audit and filing requirements are necessary to obtain tax exemptions and donor deduction eligibility.