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The Economic Times

Top News / The Economic Times

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Charitable trusts challenge I-T dept's irrevocability clause

Several public charitable trusts have challenged the Income Tax Departments insistence that trust deeds must explicitly state they are irrevocable to retain tax-exempt status. Trusts and professional bodies argue that the law does not require such a clause and that public trusts are inherently irrevocable unless expressly stated otherwise. The matter is now before the Bombay High Court, with concerns that denial of registration renewals could jeopardise longstanding charitable institutions.

2 Mar 2026 12:53 am