Charitable Trusts – Cutting Through The Complexity

Charitable Trusts – Cutting Through The Complexity is a practitioner-focused guide that demystifies the often complex legal and tax framework applicable to charitable trusts and non-profit organizations in India. The book covers the entire lifecycle of a charitable trust—from formation and registration to ongoing compliance, audit, and reporting under the Income-tax Act. It explains key provisions relating to registration under sections 12AB and 80G, applicability of exemptions, accumulation of income, permissible activities, and consequences of non-compliance. The book also addresses governance best practices, roles and responsibilities of trustees, and interaction with tax authorities. Written in a simple and accessible style, the book combines statutory provisions, practical explanations, and real-world insights to help readers avoid common pitfalls. Whether you are setting up a new charitable trust, managing an existing NGO, or advising clients on compliance and taxation, this book serves as a reliable and easy-to-use reference that truly cuts through the complexity surrounding charitable trusts in India.