This book is an exhaustive commentary on the provisions of Income Tax Act, 1961, Companies Act, 1956 and Companies Act, 2013 for Charitable trusts or Institutions, NGOs and NPOs. This would be a useful reference for tax and accounting professionals associated with these institutions. This book helps the professionals and staff of these institutions in their day-to-day activities as all tax and regulatory provisions are given in-depth coverage. Complex situations are explained with supporting case laws and illustrative examples.

Key Features:-

  • Updated to cover necessary provisions of the Companies Act, 2013
  • Detailed discussion on the formation of Trusts/Societies/Section 25 Companies
  • Discussion on how to compute income of trusts or institutions with specific exam
  • Broad insights on ‘Principle of Mutuality’ with examples
  • Overview of Accounting Standards with accounting policies as applicable to chari
  • Covers important CBDT circulars, notifications and instructions as applicable to

More Details about A Practical Approach to Taxation and Accounting of Charitable Trusts, NGOs & NPOs

General Information  
Author(s)Dr N Suresh Edited by Alka Adatia and Roshni Mittal
PublisherCCH India
Publish YearJanuary 2014