Author name: Manish Goel

Manish Goel is the Founder & Director of Equentis Wealth Advisory, India’s equity-research house on a mission to democratise wealth creation. A qualified Company Secretary, law graduate, and UK-trained Master of International Trade & Finance, Manish brings global finance acumen to India’s investing landscape. His market narratives turn complex data into clear, actionable insights that empower everyday investors. Since launching Equentis in 2009, he has guided thousands toward confident, well-researched stock decisions. Away from the charts, Manish recharges by exploring world cinema and mentoring young entrepreneurs.

Form 10 Income Tax
Investing

Form 10 Income Tax: Meaning, Purpose, and Filing Process

Say a trust aims to build a hospital and intends to accumulate any income it gets. As a trust, it can usually claim tax benefits if at least 85% of the income is utilised for charitable activities or any other activity relevant to the trust’s intentions. But here, since it is accumulating, will the tax benefits lapse? Form 10 (Income Tax) steps as a solution in such situations.