<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Amendment of section 12</title>
    <link>https://www.taxtmi.com/acts?id=49638</link>
    <description>The amendment deems the value of medical and educational services provided by charitable or religious trusts running hospitals or educational institutions to specified classes of beneficiaries to be the income of the trust for the previous year, chargeable to income tax notwithstanding the general exemption for property held for charitable or religious purposes; &quot;value&quot; is defined as the benefit or facility granted free or at concessional rates.</description>
    <language>en-us</language>
    <pubDate>Mon, 24 Feb 2025 14:42:12 +0530</pubDate>
    <lastBuildDate>Mon, 24 Feb 2025 14:42:12 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=801045" rel="self" type="application/rss+xml"/>
    <item>
      <title>Amendment of section 12</title>
      <link>https://www.taxtmi.com/acts?id=49638</link>
      <description>The amendment deems the value of medical and educational services provided by charitable or religious trusts running hospitals or educational institutions to specified classes of beneficiaries to be the income of the trust for the previous year, chargeable to income tax notwithstanding the general exemption for property held for charitable or religious purposes; &quot;value&quot; is defined as the benefit or facility granted free or at concessional rates.</description>
      <category>Act-Rules</category>
      <law>F. Acts / Amendment Acts</law>
      <pubDate>Mon, 24 Feb 2025 14:42:12 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/acts?id=49638</guid>
    </item>
  </channel>
</rss>