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This authoritative book, "Formation, Management & Taxation of Charitable and Religious Trusts & Institutions under Direct Tax Laws" by Ram Dutt Sharma, is the definitive guide to the complex legal and fiscal landscape governing non-profit entities in India.This comprehensive volume provides an in-depth analysis of the entire lifecycle of a trust or institution – from its meticulous formation and registration to its day-to-day management and intricate tax compliance requirements. It offers an exhaustive commentary on the critical sections of the Income-tax Act, 1961, specifically Sections 11, 12, 12A, 12AA, 12AB, 13, 80G, and 115BBC, which form the bedrock of taxation for these entities.The book is meticulously updated to include the latest amendments, judicial pronouncements, and regulatory shifts, making it an indispensable resource for ensuring compliance and maximizing the benefits available under the law. It is designed to be a practical tool for navigating the challenges faced by trustees, lawyers, and tax consultants.