The ITAT highlighted that the CIT (E) rejected the applications on grounds of non-compliance, despite the trust providing all necessary information within the stipulated deadline. This action was ...

Hyderabad, marks a significant milestone for the institute and its philanthropic ecosystem. Previously, donations made to ...

Dean, alumni and corporate affairs, Prof. Mahendrakumar Madhavan added, “Giving is a joyous feeling, and this full tax waiver ...

If you are planning to start an NGO in India, the biggest doubt would be whether you should choose a Trust, Society or ...

This appeal is filed by the assessee against the order of the Learned Commissioner of Income-tax (Exemptions),Mumbai [hereinafter referred to as “CIT (E)”] rejecting approval u/s 80G of the Income-tax ...

If you have chosen the old tax regime, ensure that your tax-saving investments under Sections 80C, 80D, 80G, and others are ...

As FY 2024-25 ends, ITR season 2025 starts in April. Suresh Surana advises finalizing tax-saving investments, submitting ...

Section 80G of the Income-tax Act allows taxpayers to claim deductions for donations to specified institutions under the Old ...

All taxpayers, whether resident or non-resident, who have donated money to prescribed funds, institutions, or associations are eligible to claim a deduction from gross total income before levy of tax, ...

A tax deduction or advantage does not apply to any in-kind contributions, such as clothing, food, or medications. A tax deduction is not possible for a cash contribution exceeding ₹2,000.

As FY25 is coming to an end, taxpayers need to finalise investments if opting for old tax regime, adjust TDS, pay advance tax, and optimise capital gains, among others, to better prepare for ITR ...