https://www.taxtmi.com/manuals?id=1222 The statutory meaning of "charitable purpose" under section 2(15) includes relief of the poor, education, yoga, medical relief, preservation of environment and monuments, and advancement of public utility; the latter is excluded where activities are commercial or for a fee, unless such commercial activity is ancillary to the charitable object and receipts from it do not exceed prescribed thresholds. Legislative amendments and assessment provisions make tax exemption unavailable by operation of law for the previous year in which those limits are breached, irrespective of formal cancellation of registration, and specified charitable services receive conditional GST exemptions. en-us Mon, 28 Sep 2015 10:32:00 +0530 Wed, 01 Jan 2025 12:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1222 The statutory meaning of "charitable purpose" under section 2(15) includes relief of the poor, education, yoga, medical relief, preservation of environment and monuments, and advancement of public utility; the latter is excluded where activities are commercial or for a fee, unless such commercial activity is ancillary to the charitable object and receipts from it do not exceed prescribed thresholds. Legislative amendments and assessment provisions make tax exemption unavailable by operation of law for the previous year in which those limits are breached, irrespective of formal cancellation of registration, and specified charitable services receive conditional GST exemptions. Manuals Income Tax Mon, 28 Sep 2015 10:32:00 +0530 https://www.taxtmi.com/manuals?id=1222