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Income-Tax Return Form For Non-Corporate Assessees Other Than Persons Claiming Exemption Under Section 11

The purpose of the Form No. 2D is served under Section 11 of Income Tax Act dealing with income tax return form for non- corporate assessees other than person s claiming under the exceptions of Section 11. Income which is received from charitable or religious trust will be tax exempted under Section 11 of the Income Tax Act as the creation of the trust is done for the fulfillment of a lawful purpose. The establishment of the trust must be for charitable purposes, precisely what Section 11 deals with. Under Section 2(15) of this Act, charitable purpose includes relief of the poor; education; yoga; medical relief; preservation of the environment, and preservation of monuments or places or objects of artistic or historic interest, and the advancement of any other object of general public utility. If an assessee is running a hospital for a humanitarian cause, income tax shall be exempted. The same exemption is applicable to a foundation running a hospital 

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