Charitable Trust

Tax Glossary Definition

Charitable Trust

A charitable trust is a registered organization established for public welfare or philanthropic purposes, such as education, healthcare, poverty relief, or environmental protection. To avail income tax exemptions, such trusts must be registered under Section 12AA or Section 12AB of the Income Tax Act.

Example: An NGO running free medical clinics for underprivileged people can obtain registration under Section 12AA to claim tax exemption on its income.

India's Most Trusted
Pro Tax Filer

Discover why we're one of India's most trusted Pro Tax Filers, built on a foundation of accuracy and reliability.

  • We ensure maximum tax benefits.

  • Taxes? Handled by our CAs and experts.

  • Reliable, year-round tax support at no cost.

  • Satisfaction or your money back came twice.

Start Filing

Scan the QR code to Download the app

Mobile App Available on:

DOWNLOAD For IPHONE

TaxFilr App

DOWNLOAD For Android

TaxFilr App

Have Questions? Let’s Talk!

Chat With Us

Scan to chat

Scan QR Code

OR
Start Chat
Mobile Apps Available On
This feature is available on our mobile app. Get the app now to access this feature!

DOWNLOAD For IPHONE

TaxFilr App

DOWNLOAD For Android

TaxFilr App