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of <h1>Charitable Trusts: Tax Implications of Providing Educational or Medical Facilities Under Sections 12(2) and 13(6) of Income Tax Act.</h1> Sections 12(2) and 13(6) of the Income Tax Act address the taxation of charitable or religious trusts providing educational or medical facilities. According to Section 13(6), such trusts will not lose their tax exemption under Sections 11 or 12 solely because they offer these services to specified persons. However, Section 12(2) states that the value of these services is considered income derived from the trust's property and is taxable at normal rates, without exemption under Sections 11(1) and 11(2). These provisions ensure that while trusts can offer services to specified persons, the related income is subject to taxation.
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