in Tax and Accounting Law
Eligiblilty of Private trusts for tax exemption under Section 80g of Income Tax Act
Can a private trust be eligible for Section 80g ( exemption from tax) certificate? If yes, what is the process? If no, then who is exactly eligible for such exemption?
Yes a private trust is eligible to apply for a certificate under Section 80G of the Income Tax Act. For more information on this point please refer to https://lawfarm.in/question/answer-for-can-a-private-trust-be-eligible-for--section-80g--exemption-from-tax