Tag Archives: #ExemptionApproval

What is a Certificate of Non-Applicability?

  Certificate of Non-Applicability A certificate of non-applicability, also known as a non-applicability certificate, is a document issue to indicate that a particular rule, regulation, law, or requirement is not applicable to a specific situation, entity, or individual.  This certificate plays a significant role in clarifying whether certain regulations, rules, or requirements apply to a… Read More »

What does it mean when an organization is tax exempt in India?

Tax exempt Tax exempt: In India, a tax-exempt organization is refer to as a “charitable organization” or “charitable trust” and is exempt from paying income taxation under Section 11 of the Income Tax Act, 1961. This exemption applies to organizations that are establish for charitable, religious, or educational purposes, as well as those established for… Read More »