https://www.taxtmi.com/forum/issue?id=109030 Whether a dharmshala registered as a charitable institution will incur tax liability due to the Finance Act, 2015 amendment altering the definition of charitable purpose by imposing a requirement that specified receipts not exceed twenty percent of total receipts; the dharmshala's income is rent and bank interest and previously had no tax while gross receipts stayed below the earlier threshold, but the new proportional receipts condition may create tax exposure for small institutions. en-us Thu, 13 Aug 2015 19:03:23 +0530 Thu, 23 Jan 2025 15:56:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109030 Whether a dharmshala registered as a charitable institution will incur tax liability due to the Finance Act, 2015 amendment altering the definition of charitable purpose by imposing a requirement that specified receipts not exceed twenty percent of total receipts; the dharmshala's income is rent and bank interest and previously had no tax while gross receipts stayed below the earlier threshold, but the new proportional receipts condition may create tax exposure for small institutions. Discussion-Forum Income Tax Thu, 13 Aug 2015 19:03:23 +0530 https://www.taxtmi.com/forum/issue?id=109030