The Tribunal held that rejecting an application solely for delayed filing was improper and directed a denovo review under Section 80G. The is that delayed applications may still be examined on ...
The Tribunal held that short notice and lack of opportunity violated principles of natural justice in rejecting 80G registration. The CIT(E) is directed to allow the assessee to explain the Trust’s ...
Section 80G of the Income-tax Act, 1961, allows taxpayers to save tax by donating money to eligible charitable institutions. By donating to eligible institutions and organisations, taxpayers can claim ...
The measures to avail of tax deduction on donations made to eligible charities and trusts have changed from the financial year 2022-23. This is different from how donors applied for tax deductions by ...
PHDCCI Direct Taxes Committee Chair Mukul Bagla highlighted digitization efforts such as mandatory filing of Form 10DD for ...
Remember the famous saying by Anne Frank, “No one has ever become poor by giving”? The same can be said of taxpayers who can claim tax benefits on donations to charitable organizations under Section ...
If you wish to save tax for FY2024-25 then there is still time. However, if you are looking for avenues to save taxes for the financial year, then Section 80G may be beneficial for you in this regard.
On March 31, the Centre announced that donations to the PM CARES Fund (Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund) will get tax breaks under Section 80G of the Income ...