{"id":7584,"date":"2020-04-29T17:43:59","date_gmt":"2020-04-29T12:13:59","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=7584"},"modified":"2020-12-31T14:21:41","modified_gmt":"2020-12-31T08:51:41","slug":"yoga-as-a-charitable-purpose","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/yoga-as-a-charitable-purpose\/","title":{"rendered":"Yoga as a Charitable Purpose &#8211; Get In-Depth Jurisprudential Scope Right here!"},"content":{"rendered":"\n<p class=\"has-drop-cap\">Substantial consciousness about meditation and yoga has been expanded and gained a remarkable momentum in the past few years. It reflects in people suffering from varied diseases of body and mind as a result of various day-to-day anxieties. It gets more effective because of demonstrations of yoga and meditation exercises in numerous programs telecast through television focal points and channels. The question that got examined in this context is whether charitable institutions involved in such teachings and making these widespread would be entitled to tax benefits delivered to charitable Trust\/bodies under the Income Tax Act of 1961.&nbsp;<br><\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/yoga-as-a-charitable-purpose\/#What_is_the_meaning_of_%E2%80%98charitable_defined_by_Courts\" >What is the meaning of\n&#8216;charitable&#8217; defined by Courts?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/yoga-as-a-charitable-purpose\/#What_is_the_meaning_of_%E2%80%98charitable_under_the_Income_Tax_Act\" >What is the meaning of\n&#8216;charitable&#8217; under the Income Tax Act?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/yoga-as-a-charitable-purpose\/#Do_the_Yoga_Teachings_qualify_to_be_an_object_under_General_Public_Utility\" >Do the Yoga Teachings qualify\nto be an object under General Public Utility?&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/yoga-as-a-charitable-purpose\/#What_are_the_Jurisprudential_views_on_meditation_and_yoga_teachings\" >What are the Jurisprudential views on meditation and yoga teachings?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/corpbiz.io\/learning\/yoga-as-a-charitable-purpose\/#Does_an_Individual_Person_can_get_benefits_under_exemption_from_income_tax_liability_in_respect_of_carrying_yoga_undertakings\" >Does an Individual Person can get benefits under exemption from income tax liability in respect of carrying yoga undertakings?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/corpbiz.io\/learning\/yoga-as-a-charitable-purpose\/#In_what_circumstances_the_object_of_General_Public_Utility_shall_not_be_a_part_of_a_charitable_purpose\" >In what circumstances, the\nobject of General Public Utility shall not be a part of a charitable purpose?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/corpbiz.io\/learning\/yoga-as-a-charitable-purpose\/#What_do_you_mean_by_Carrying_of_activities_like_trade_commerce_or_business_against_Charitable_Purposes\" >What do you mean by Carrying of activities like trade, commerce, or business against Charitable Purposes?&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/corpbiz.io\/learning\/yoga-as-a-charitable-purpose\/#What_does_Tribunals_put_up_with_%E2%80%93_%E2%80%98Yoga_gives_Medical_Relief_and_also_Impart_Education_as_per_definition_of_charitable_purpose\" >What does Tribunals put up with\n\u2013 \u2018Yoga gives Medical Relief and also Impart Education as per definition of\ncharitable purpose\u2019?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/corpbiz.io\/learning\/yoga-as-a-charitable-purpose\/#What_are_the_Basic_Procedural_Documents_Required_to_create_a_Charitable_Trust_for_Yoga_Teachings\" >What are the Basic Procedural\nDocuments Required to create a Charitable Trust for Yoga Teachings?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/corpbiz.io\/learning\/yoga-as-a-charitable-purpose\/#What_are_the_Tax_Incentives_for_Yoga_referred_to_in_the_Budget_2020_all_about\" >What are the Tax Incentives for Yoga, referred to in the Budget 2020 all about?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/corpbiz.io\/learning\/yoga-as-a-charitable-purpose\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_meaning_of_%E2%80%98charitable_defined_by_Courts\"><\/span>What is the meaning of\n&#8216;charitable&#8217; defined by Courts?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>At the very outset,\nthere cannot be an open and shut description of the term &#8216;charitable purpose.&#8217;\nIn seeking specific guidance in this regard, it can be derived from court\ndecisions. <\/p>\n\n\n\n<p><strong><em>Few are as follows:-<\/em><\/strong><\/p>\n\n\n\n<ul><li><strong>Case No. 1 &#8211;<\/strong>&nbsp;In the case of &#8216;<strong>Umar Baksh v CIT, AIR 1931 Lah 578 (SB)&#8217;<\/strong>,      it was observed that for interpreting the words&#8217; charitable purpose,&#8217; it      is essential to investigate the meaning of these words in the particular      structure of jurisprudence that may be followed by the&nbsp;<strong>assessee.&nbsp;<\/strong>In the context of&nbsp;<strong>Hindu Law<\/strong>, &#8216;charity,&#8217; it is a part of the content of the word <strong>&#8216;dharma<\/strong>.&#8217; Therefore if the term used in the context of gifts of belongings, it means acts of devotion and kindness. It is considerably broader than what is understood by the use of the mere word &#8216;charity.&#8217;&nbsp;<\/li><\/ul>\n\n\n\n<ul><li><strong>Case No. 2 &#8211;<\/strong>&nbsp;In the case &#8216;<strong>The Commissioners for Special Purposes of      Income Tax vs. Pemsel (1891) AC 531&#8242;<\/strong>, &#8216;charity&#8217; in its broadest senses symbolized all <strong>good affection<\/strong> and regarded men ought to bear for each other. It has additionally held that &#8220;Charity in its legal mind includes four primary divisions: which are-&nbsp;<\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" width=\"556\" height=\"515\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-105.png\" alt=\"Trusts for the advancement of education\" class=\"wp-image-7585\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-105.png 556w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-105-300x278.png 300w\" sizes=\"(max-width: 556px) 100vw, 556px\" \/><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_meaning_of_%E2%80%98charitable_under_the_Income_Tax_Act\"><\/span>What is the meaning of\n&#8216;charitable&#8217; under the Income Tax Act?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Income Tax Act defines charitable purpose in a wide-ranging manner under clause&nbsp;<strong>(15) of section 2<\/strong>, saying that &#8216;charitable purpose&#8217; comprises a)&nbsp;<strong>relief to the poor<\/strong>, b)&nbsp;<strong>education, medical relief<\/strong>, and c) the advancement of any other purpose in terms of&nbsp;<strong>General Public Utility<\/strong>.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Do_the_Yoga_Teachings_qualify_to_be_an_object_under_General_Public_Utility\"><\/span>Do the Yoga Teachings qualify\nto be an object under General Public Utility?&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>Yes. In the view of Court decisions, it shows that the object of providing people an&nbsp;<strong>structure of \u2018educated public\u2019<\/strong> opinion like a newspaper has been held to be covered by the expression <strong>&#8216;object of general public utility<\/strong>&#8216; in the classic case of&nbsp;<strong>&#8216;Re. Trustees of Tribune (1939) 7 ITR 415 (PC&#8217;)<\/strong>.&nbsp;<\/li><\/ul>\n\n\n\n<ul><li>Moreover, under the case-&#8220;<strong>CIT v Octacamand Gymkhana Club (1977) 110 ITR 392 (Mad)&#8221;&nbsp;<\/strong>the object of inspiring and managing games and sports has been held to be sheltered by this phrase as its operation leads to the&nbsp;<strong>physical wellbeing<\/strong>, which is equivalent of&nbsp;<strong>a healthy society<\/strong>. What has stated about games and sports that must equally apply to <strong>meditation and yoga teachings?<\/strong><\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_Jurisprudential_views_on_meditation_and_yoga_teachings\"><\/span>What are the Jurisprudential views on meditation and yoga teachings?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"673\" height=\"345\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-106.png\" alt=\"Jurisprudential views on meditation and yoga teachings\" class=\"wp-image-7586\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-106.png 673w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-106-300x154.png 300w\" sizes=\"(max-width: 673px) 100vw, 673px\" \/><\/figure>\n\n\n\n<ul><li>About this issue, it got under consideration, which has been decided by the Bombay High Court in the case of \u2018<strong>CIT v Rajneesh Foundation (2006) 280 ITR 553 (Bom)\u2019<\/strong>.&nbsp;<\/li><li>It has assumed that in India, yoga has been an essential source for the      physical, mental, and spiritual comfort of human beings. Understanding this has to be taken, that meditation and yoga are getting more and more popular among Conscious Indians for their physical, mental, and spiritual fitness. Even, it is not only in India, meditation and yoga teachings are being&nbsp;<strong>accepted in western      countries<\/strong>&nbsp;also regarding the same.&nbsp;<\/li><li>As soon as a large number of people feel that yoga teaching is an excellent source for&nbsp;<strong>physical, mental, and spiritual comfort<\/strong>, it got held to be an activity for the expansion of&nbsp;<strong>general public utility<\/strong>.&nbsp;<\/li><li>Therefore, the High Court concluded that meditation and even preaching and propagation of the values is an activity for the general public utility even when money gets collected by way of fee and charges.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Does_an_Individual_Person_can_get_benefits_under_exemption_from_income_tax_liability_in_respect_of_carrying_yoga_undertakings\"><\/span>Does an Individual Person can get benefits under exemption from income tax liability in respect of carrying yoga undertakings?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>Yoga teachings and undertaking have indeed brought under the description of &#8220;charitable purposes&#8221; under Trust. It should, however, keep in mind that it does not get exempted from an <strong>\u2018Individual &#8211; Person\u2019<\/strong> from paying income tax liability in respect of carrying yoga teachings and undertakings such as i.e., yoga instructions, etc. <\/li><\/ul>\n\n\n\n<ul><li>Following the existing provisions to take advantage of the said amendment \u201cyoga,\u201d it must be the activity of an institution such as&nbsp;<strong>trust, society, or section 8 companies<\/strong>. That institution must apply and get registration under section 11 of the Income-tax Act of 1961.&nbsp;<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"In_what_circumstances_the_object_of_General_Public_Utility_shall_not_be_a_part_of_a_charitable_purpose\"><\/span>In what circumstances, the\nobject of General Public Utility shall not be a part of a charitable purpose?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>That advancement of any other object of \u2018general public utility\u2019 shall not be a \u2018charitable purpose\u2019, if it includes the carrying on of any goings-on activities in the natural surroundings of&nbsp;<strong>trade, commerce or business.<\/strong> It should not work for a profit or fee or any other deliberation, irrespective of the manner of use or application, or retention, of the income derived from such Trust activity.&nbsp;<\/li><\/ul>\n\n\n\n<ul><li>Nevertheless, this restriction shall&nbsp;<strong>not apply if the aggregate value<\/strong>&nbsp;of the income receipts from the activities mentioned above is twenty-five lakh rupees or less in the preceding year.&nbsp;<\/li><\/ul>\n\n\n\n<ul><li>The Trust, as part of honest and charitable activities, take on activities like&nbsp;<strong>publishing books or holding platform events on yoga<\/strong>&nbsp;or other programs as part of actual carrying out of the objects as per first and second proviso to under section 2(15).&nbsp;<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_do_you_mean_by_Carrying_of_activities_like_trade_commerce_or_business_against_Charitable_Purposes\"><\/span>What do you mean by Carrying of activities like trade, commerce, or business against Charitable Purposes?&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>It has projected to amend the description of \u2018charitable purpose\u2019 to provide that the expansion of any other\u00a0<strong>object of general public utility<\/strong>, which shall not be a charitable purpose of the <a href=\"https:\/\/corpbiz.io\/trust-registration\"><strong>Trust<\/strong><\/a><strong>.\u00a0<\/strong>It will adversely affected<strong>\u00a0<\/strong>if it involves the carrying on of any activity like trade, commerce or business, or any exercise of interpreting any service concerning any trade, commerce or business, for-profit or fee or any other consideration, except when:-<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" width=\"592\" height=\"408\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-107.png\" alt=\"profit or fee or any other consideration\" class=\"wp-image-7587\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-107.png 592w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-107-300x207.png 300w\" sizes=\"(max-width: 592px) 100vw, 592px\" \/><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_does_Tribunals_put_up_with_%E2%80%93_%E2%80%98Yoga_gives_Medical_Relief_and_also_Impart_Education_as_per_definition_of_charitable_purpose\"><\/span>What does Tribunals put up with\n\u2013 \u2018Yoga gives Medical Relief and also Impart Education as per definition of\ncharitable purpose\u2019?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li><strong>The Applicable Question, which got raised by the Tribunals that,&nbsp;<\/strong>whether propagation of yoga by the assessee qualifies as a Medical Relief or imparting of education or not or does it fall in the residuary grouping of &#8220;<strong>advancement of any other object of trust for general public utility<\/strong>.\u201d<\/li><li>Explaining with the help of a&nbsp;<strong>case law<\/strong>, \u2018<strong>Patanjali Yogpeeth\u2019<\/strong>&nbsp;was a public charitable trust duly registered under section 12A of the Income-tax Act, 1961. Moreover, it was also duly permitted under section&nbsp;<strong>80G (5) (VI)<\/strong>&nbsp;of the concerned Act. The pre-dominant objects of the Trust were- a) Giving medical relief through yoga; b) Imparting education in the ground of yoga; c) &amp;offering relief to the poor. For the applicable valuation year, the Assessing Officer framed the assessment u\/s 143(3) of the concerned Act and <strong>denied exemption under section 11\/12<\/strong>&nbsp;of the same Act.<\/li><li>However, the contentions of the revenue were multi-folded. The Tribunal held that insertion of &#8220;Yoga&#8221; in the definition of &#8220;charitable purpose&#8221; under section 2(15) of the Act via <strong>Finance Act, 2015<\/strong>, with effect from&nbsp;<strong>1.04.2016.&nbsp;<\/strong>It had eradicated all the doubts that transmission of yoga itself is a &#8216;charitable purpose&#8217; to make the assessee qualified for demanding exemption under sections 11\/12 of the Income Tax Act.<\/li><li>Moreover, the Tribunal placing dependence on the judgment brought in the case of \u2018<strong>DivyaYogMandir Trust\u2019<\/strong> too. It held that the circulation of yoga as a pre-dominant objective in the case of present assessee very much falls within the connotation of &#8220;charitable purpose&#8221; provided under section 2(15) of the concerned Act as it is likewise <strong>\u201cimparting of education<\/strong>.\u201d<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_Basic_Procedural_Documents_Required_to_create_a_Charitable_Trust_for_Yoga_Teachings\"><\/span>What are the Basic Procedural\nDocuments Required to create a Charitable Trust for Yoga Teachings?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Kindly Refer to the other blogs to get the proper idea of the procedural aspect of Trust Creation, and click on this link<sup><a href=\"http:\/\/yogacertificationboard.nic.in\/wp-content\/uploads\/2019\/06\/Guidelines-for-Accreditation-of-Yoga-Institutions.pdf\"><strong>[1]<\/strong><\/a><\/sup>&nbsp;to get Annexures as per your requirement: Documents required are-<\/p>\n\n\n\n<ul><li>Submit the Document concerning the&nbsp;<strong>Legacy of Yoga<\/strong>&nbsp;tradition as per the Annexure to be marked as A.1, A.2, etc.<\/li><li>Submit&nbsp;<strong>Registration Certificate<\/strong>&nbsp;as per the Annexure to be marked as B.1, B.2, etc.<\/li><li>Submit Documentary&nbsp;<strong>proof  of year of establishment<\/strong> of the institution as per the Annexure to mark as C.1, C.2, etc.&nbsp;<\/li><li>Submit&nbsp;<strong>Memorandum of Association\/constitution<\/strong>&nbsp;as per the Annexure to be marked as D.1, D.2, etc.&nbsp;<\/li><li>Submit Policy documents specifying&nbsp;<strong>aim, objectives<\/strong>, vision &amp; mission, a logo, an organogram, etc. Other policy-related materials as per the Annexure to marked as E.1, E.2, etc.<\/li><li>Submit&nbsp;<strong>Organisation documents&nbsp;<\/strong>defining organizational structure, duties, responsibilities, and authorities of the management, personnel, and committees as per the Annexure to mark as F.1, F.2, etc.&nbsp;<\/li><li>Submit  Details of the&nbsp;<strong>1st Yoga course&nbsp;<\/strong>conducted by the Institutions as per the Annexure to mark as G.1, G.2, etc.&nbsp;<\/li><li>Submit Document of&nbsp;<strong>ownership of the land<\/strong>\/ lease deed\/ rent agreement as per the Annexure to mark as H.1, H.2, etc.&nbsp;<\/li><li>Submit&nbsp;<strong>Campus plan<\/strong>\/Building layout as per the Annexure to marked as I.1, I.2, etc&nbsp;<\/li><li>Submit&nbsp;<strong>Photographs<\/strong>&nbsp;of rooms, canteen facility, conference room, and other infrastructure facilities as per the Annexure to mark as J.1, J.2, etc.&nbsp;<\/li><li>Submit Documentary evidence of staff hired with their details like&nbsp;<strong>qualification<\/strong>, experience, and role as per the Annexure to mark as K.1, K.2, etc.&nbsp;<\/li><li>Submit Details of the&nbsp;<strong>teaching staff<\/strong>&nbsp;as per the Annexure to mark as L.1, L.2\u2026)<\/li><li>Submit Details of&nbsp;<strong>non-teaching staff<\/strong>&nbsp;as per the Annexure to be marked as M.1, M.2, etc.&nbsp;<\/li><li>Submit Details of&nbsp;<strong>courses offered<\/strong>&nbsp;(Brochure, work plan, time table, and other details) as per the Annexure to mark as N.1, N.2, etc.<\/li><li>Submit Details of&nbsp;<strong>management<\/strong>&nbsp;\/ administrative staff (Annexure to mark as O.1, O.2\u2026)&nbsp;<\/li><li>Submit Details of&nbsp;<strong>feedback receiving<\/strong>&nbsp;process as per the Annexure to be marked as P.1, P.2, etc.<\/li><li>Submit Details of&nbsp;<strong>Compliant handling mechanism<\/strong>&nbsp;as per the Annexure to be marked as Q.1, Q.2, etc.&nbsp;<\/li><li>Submit Policy documents regarding&nbsp;<strong>conducting  assessment<\/strong>, evaluation, and declaration of results as per the Annexure to be marked as R.1, R.2, etc.&nbsp;<\/li><li>Submit Policy documents regarding&nbsp;<strong>retention and accounting<\/strong>&nbsp;of students\u2019 records as per the Annexure to be marked as S.1, S.2, etc.<\/li><li>Submit&nbsp;<strong>Application Fee&nbsp;<\/strong>as per the Annexure to be marked as T.1, T.2, etc.<\/li><li>Submit&nbsp;<strong>Annual report&nbsp;<\/strong>including an audit report for the last three years as per the Annexure to be marked as U.1, U.2, etc.<\/li><li>Submit any other document as per the&nbsp;<strong>Annexure<\/strong>&nbsp;to be marked as V.1, V.2, etc.&nbsp;<\/li><\/ul>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/public-and-private-temples-under-the-indian-trusts-act-1882\/\">What are Public and Private Temples under the Indian Trusts Act, 1882? Get All the Updates you need to know!\n<\/a><\/mark><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_Tax_Incentives_for_Yoga_referred_to_in_the_Budget_2020_all_about\"><\/span>What are the Tax Incentives for Yoga, referred to in the Budget 2020 all about?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" width=\"536\" height=\"292\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-109.png\" alt=\"\" class=\"wp-image-7592\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-109.png 536w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/04\/image-109-300x163.png 300w\" sizes=\"(max-width: 536px) 100vw, 536px\" \/><\/figure><\/div>\n\n\n\n<ul><li>Precautionary health and wellness is the need of the hour for the whole world. In the last five years, the government has shown a keen interest in the restoration of yoga. As per current 2020 statistics, India anticipated to be one of the newest and youngest major financial prudence in the world. <\/li><\/ul>\n\n\n\n<ul><li>According to the data given by the World Economic Forum, it shows that over 77% of Indians will be below the age of 45 by the next decade. Appreciations to increased awareness over the past decade, there has been a slow but sure shift in this inclination, as health&amp; wellness are becoming progressively main-stream these days.&nbsp;<\/li><\/ul>\n\n\n\n<ul><li><strong>Prime Minister Narendra Modi<\/strong> has individually taken a lot of interest in placing yoga as a world-wide exercise that can help      people stay apt, look good, and be in good physical shape. Through these challenges, <strong>numerous new initiatives<\/strong>&nbsp;have been presented by the government to help&amp; inspire this general practice.<\/li><\/ul>\n\n\n\n<ol><li>Yoga has been too prepared as a&nbsp;<strong>compulsory topic<\/strong>&nbsp;that is being trained and taught to help young India stay proper and healthy.<\/li><li>Ever since 2015, Yoga classes, Yoga teachers, and training institutes successively running as charitable trusts have been released and&nbsp;<strong>exempted from paying goods and service tax<\/strong>&nbsp;(GST). It is applicable even is the gross revenue exceeds the threshold perimeter of&nbsp;<strong>Rs 10 lakh<\/strong>.<\/li><li>In the year of 2018, the government tossed the \u201c<strong>Hum Fit Toh India Fit\u201d&nbsp;<\/strong>campaign, cheering people to take up yoga and other forms of fitness actions to stay in good physical shape.<\/li><li>According to under section&nbsp;<strong>80D of the Income Tax Act<\/strong>&nbsp;of 1961, taxpayers get the right to claim tax deductions on&nbsp;<strong>health check-ups and health premiums.<\/strong>&nbsp;However, preventive wellness still positioned under a very high tax bracket. <\/li><li>In the meanwhile of Union Budget for 2020, it is hopeful that it may go beyond providing tax deductions to those getting back to good health after falling sick, and also supports. It must also <strong>incentivize<\/strong> those who take care of their aptness and fitness.&nbsp; <\/li><li>Moreover, the Budget 2020 could include&nbsp;<strong>exemption on availing of fitness services<\/strong>&nbsp;such as affiliations to gyms, fitness studios, commercially-run Yoga points, institutions etc. <\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Campaigning of meditation and yoga teaching activities are for the public good and thus improves the object of General public utility. Consequently, the trusts supporting these purposes can claim an income tax exemption under section 11 of the Income Tax Act, 1961. Moreover, the services and fee or consideration charged provided by an entity registered under <strong>Section 12A of the Income Tax Act, 1961<\/strong><sup><a href=\"https:\/\/www.incometaxindia.gov.in\/_layouts\/15\/dit\/pages\/viewer.aspx?grp=act&amp;cname=cmsid&amp;cval=102120000000071025&amp;searchfilter=%5B%7B%22crawledpropertykey%22:1,%22value%22:%22act%22,%22searchoperand%22:2%7D,%7B%22crawledpropertykey%22:0,%22value%22:%22income-tax+act,+1961%22,%22searchoperand%22:2%7D,%7B%22crawledpropertykey%22:29,%22value%22:%222018%22,%22searchoperand%22:2%7D%5D&amp;k=&amp;isdlg=0\"><strong>[2]<\/strong><\/a><\/sup>&nbsp;by way of improvement of yoga educations gets exempted. <\/p>\n\n\n\n<p>However, if these charitable trusts merely or primarily provide housing or serve food and drinks against reflection in any form, including donation, then such activities will be taxable. In the same way, events such as holding of fitness camps or courses such as those in aerobics, dance, music composition, etc. will be taxable under the same\u201d. Together with this, we at <a href=\"https:\/\/corpbiz.io\/\"><strong>CorpBiz<\/strong><\/a> have skilled professionals to help you with the process of registering yoga teaching institutions, ensuring the successful and timely accomplishment of your work.<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/restrictions-on-the-charitable-trust\/\">Know all the Restrictions on the Charitable Trust<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Substantial consciousness about meditation and yoga has been expanded and gained a remarkable momentum in the past few years. It reflects in people suffering from varied diseases of body and mind as a result of various day-to-day anxieties. It gets more effective because of demonstrations of yoga and meditation exercises in numerous programs telecast through [&hellip;]<\/p>\n","protected":false},"author":20,"featured_media":7598,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[324],"tags":[532],"acf":{"service_id":"10"},"authorName":"Archita Bhattacharjee","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/03\/WhatsApp-Image-2020-03-18-at-11.26.19-AM-1.jpeg","authorDescription":"Archita Bhattacharjee is working as Legal Analyst (Team Lead, Research &amp; Development) at Corpbiz and has proving experience about 2 years as Corporate Legal Researcher in law firms as well as Rajya Sabha and authors in diverse publications. She has refined her skills by representing India in Paris, France and the University of Leiden over implications of International Humanitarian and Criminal Law being certified member of many Legal Centers.","postViews":28481,"readingTime":8,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/7584"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=7584"}],"version-history":[{"count":28,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/7584\/revisions"}],"predecessor-version":[{"id":23181,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/7584\/revisions\/23181"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/7598"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=7584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=7584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=7584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}