CBDT Cracks Down on Bogus Deduction Claims: Taxpayers to Get SMS and Email Alerts
CBDT intensifies action against bogus income tax deductions under Sections 80G and 80C. Taxpayers receive SMS and email alerts to revise returns and avoid penalties.
Curated legal news, case breakdowns, and workflow tips for fast-moving practitioners.
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CBDT intensifies action against bogus income tax deductions under Sections 80G and 80C. Taxpayers receive SMS and email alerts to revise returns and avoid penalties.
Complete FAQ on tax planning with public and private trusts in India. Learn about capital gains exemption, Section 13 compliance, 80G benefits, income splitting, and succession pl…
ITAT Mumbai rules that charitable trusts providing financial assistance to students can receive Section 80G approval even if students study abroad. Court clarifies that funds disb…
ITAT rules that charitable trusts giving financial aid to students remain eligible for Section 80G, even if students study abroad. Major clarity on foreign fund application.
The ITAT Ahmedabad bench has held that Ramkatha, Bhagwat Katha, and Yagnas conducted by charitable trusts are welfare-oriented fundraising activities, not religious propagation. T…