The application was rejected only on limitation without examining merits. The Tribunal ruled that bona fide delay must be condoned and eligibility under section 80G(5) examined ...

The Tribunal set aside rejection of charitable registration where activities were not examined on merits. The case underscores that authorities must assess genuineness of activities before denying ...

Tax savings 2025: Section 80G's tax benefits under Old Tax Regime - Explained Section 80G of the Income-tax Act allows taxpayers to claim deductions for donations to specified institutions under the ...

Donations, which are agreements wherein one person freely chooses to donate something of value to another, are covered by the Income Tax Act and, as such, are taxed. However, because it is a good deed ...

For those who are still looking for ways to save tax for the financial year 2024-25, there is still some time left. However, if you are not sure about the ways to save taxes, here we are going to tell ...

Donations to the Ayodhya Ram Mandir may qualify you for an income tax deduction under the old I-T regime. Individuals who have opted for the old tax regime can claim up to 50% deduction under Section ...

Raipur: In a significant judgment, the Chhattisgarh High Court upheld a decision by the Income Tax Appellate Tribunal (ITAT) that allowed a Raipur-based society to receive tax exemption benefits under ...

The festive season is upon us, and the sub-continent has started off with one of its biggest celebrations, bringing Lord Ganesha to homes and pandals alike. Ganesh Chaturthi, or Ganesh Utsav, is one ...

HYDERABAD: The income-tax department (I-T) on Friday said that public charitable trusts and societies that seek to promote charitable activities were mandatorily required to obtain its registration.