Tuttiquotidiani is completely free. Every day we aggregate news from 100+ sources and generate original AI summaries for you. Help us keep the service running with a small donation, or become TQ Pro for just €1/month.

Donate now TQ Pro - 1€/mo

Tax shadow over charitable trusts with 'profit' motive

Posted on May 3, 2026
By Business News Today
0 Views
1 min read

Tax shadow over charitable trusts with 'profit' motive

Three top-notch hospitals in Mumbai and a famous international spiritual organisation-all functioning as charitable trusts-have been denied Income tax (I-T) exemption on the grounds that they were carrying out commercial activities.