Prohibited category of persons - Section 13(3)

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....of the exemption contemplated in section 11 for a charitable or religious trust or institution. The said person are From 01.04.2025 [ Amended Vide Finance Act, 2025 ] * (a) the author of the trust or the founder of the institution; * (b) any person whose total contribution to the trust or institution, during the relevant previous year exceeds one lakh rupees, or, in aggregate u....

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....* (c) where such author, founder or person is a Hindu undivided family, a member of the family; * (cc) any trustee of the trust or manager (by whatever name called) of the institution; * (d) any relative of any such author, founder, person, member, trustee or manager as aforesaid; * (e) any concern in which any of the persons referred to in clauses (a), (b), (c),(cc) and (d) h....